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SPAC sponsors are optimistic that ongoing IPO headwinds will fuel dealflow through the rest of the year.

Colombier Acquisition Corp. II intends to merge with a fast-growing company or companies in any industry.

Abacus Life is pushing ahead with a merger with Pegula’s East Resources Acquisition Co., despite the fact that 92 percent of shareholders in the SPAC have swapped their stock for their money back.

The transaction includes a nickel sulphide mine in Santa Rita, known as Atlantic Nickel, as well as the Mineraçao Vale Verde copper mine in Serrote.

The lawsuits claim SPAC executives pushed through deals that allowed them to cash in their founder shares, even if lofty valuations and overly-optimistic business plans posed long-term risks to other shareholders.