NextGen Acquisition Corp. II Completes Business Combination with Vieco USA (Virgin Orbit)

Grove Collaborative Completes Business Combination with Virgin Group Acquisition Corp. II

June 14, 2022

Consumer Products

Grove Collaborative, a certified B Corp focused on sustainable consumer products, completed a business combination with Virgin Group Acquisition Corp. II (VGII) and began trading on the NYSE under the ticker "GROV." The transaction included an $86 million PIPE and a $50 million backstop arrangement (including subscriptions from Corvina Holdings), providing Grove with public-market access and additional growth capital to scale its DTC subscription and retail business.

Newborn Acquisition Corp Completes Business Combination with Nuvve; Nuvve Begins Trading on Nasdaq

March 22, 2021

Renewable Energy

Nuvve Holding Corp. completed a business combination with Newborn Acquisition Corp., enabling Nuvve to begin trading on the Nasdaq under the ticker NVVE. The transaction provided Nuvve approximately $62 million in cash proceeds (including a related private placement) to accelerate development and commercial deployment of its vehicle-to-grid (V2G) technology and related services.

Novus Capital II Completes SPAC Combination with Energy Vault

February 11, 2022

Energy

Novus Capital Corporation II completed its business combination with Energy Vault, creating Energy Vault Holdings, Inc. and providing approximately $235 million of gross proceeds plus an expanded PIPE to fund commercial scale-up. The combined company will trade on the NYSE under ticker NRGV and will use the proceeds and strategic partnerships (including Korea Zinc and Atlas Renewable) to scale its gravity-based, grid-scale energy storage technology and energy management software globally.

Energy Vault Completes Business Combination with Novus Capital Corporation II

February 14, 2022

Energy

Energy Vault Holdings, Inc. completed a business combination with Novus Capital Corporation II and began trading on the New York Stock Exchange (NRGV) on February 14, 2022. The transaction provided approximately $235 million in gross proceeds (plus prior Series C and a $50M licensing fee from Atlas Renewable) to fund commercialization of the company’s grid-scale energy storage technologies and energy management software.

Tailwind Two Acquisition Corp. Completes Business Combination with Terran Orbital Corporation

March 25, 2022

Aerospace & Defense

Tailwind Two Acquisition Corp. completed a business combination with Terran Orbital Corporation, resulting in Terran Orbital becoming a publicly traded company on the NYSE under the ticker LLAP on March 28, 2022. The combined company received approximately $255.4 million of gross equity and $175.3 million of gross debt financings from PIPE and debt participants including AE Industrial Partners, Beach Point Capital, Francisco Partners, Lockheed Martin, Fuel Venture Capital and others to fund manufacturing expansion and development of an earth observation satellite constellation.

NanoVibronix, Inc. Acquires ENvue Medical Holdings Corp.

February 14, 2025

Medical Devices

NanoVibronix, Inc. (NASDAQ: NAOV) completed a stock-for-stock acquisition of ENvue Medical Holdings Corp., adding ENvue's FDA 510(k)-cleared electromagnetic navigation enteral feeding system to NanoVibronix's medical device portfolio. The transaction, which issued NanoVibronix common and Series X preferred shares to ENvue holders and was accompanied by a $500,000 senior convertible debenture private placement, is intended to expand commercial reach, product capabilities and operational efficiencies in enteral feeding and guided medical navigation.