Rimon PC client, Canna-Global Acquisition Corp (“Canna-Global”) (NASDAQ:CNGL), a special purpose acquisition company, announced the signing of a definitive Bid Implementation and Business Acquisition Agreement with Sydney-based New Quantum Holdings Pty Ltd. (“New Quantum”), a provider of a vertically integrated technology and infrastructure offering for financial services firms, that will result in New Quantum becoming…

Rimon congratulates its client, Allrites Holdings Pte Ltd. on its agreement to go public via a definitive business combination agreement with a US-listed blank check firm Aura FAT Projects Acquisition Corp. The transaction has an estimated pro forma basis enterprise value for Allrites Holdings Pte. Ltd. of US$92 million. The deal also includes a potential…

Rimon is proud to announce that Partner Debbie Klis has been named a finalist for Equity Capital Markets Lawyer of the Year by Euromoney Legal Media Group’s 2023 Women in Business Law Americas Awards. Winners will be announced at a live gala ceremony in New York on June 6, 2023. The Women in Business Law Awards…

Energem Corp. (“Energem”) (Nasdaq: ENCP, ENCPW), a special purpose acquisition company, announced that it has entered into a definitive $200 million Standby Equity Purchase Agreement (“SEPA”) with YA II PN, Ltd., a Cayman Islands exempt limited partnership managed by Yorkville Advisors Global, LP (the “Investor”), and Graphjet Technology Sdn. Bhd., a Malaysian private limited company…

Rimon client Modulex Modular Buildings Plc (“Modulex”) and PHP Ventures Acquisition Corp. (NASDAQ: PPHP, PPHPR, PPHPU, PPHPW, “PHP”),  a special purpose acquisition company, have announced that they have entered into a definitive agreement for a business combination. After the closing of the transactions contemplated by the business combination agreement, Modulex will become a publicly listed…

Special purpose acquisition company, EDOC Acquisition Corp. (Nasdaq: ADOC, ADOCR, ADOCW, “EDOC”)  announced yesterday that it has entered into a definitive business combination agreement with Rimon client Australian Oilseeds Investments Pty. Ltd. Upon the satisfaction of all closing conditions, the transaction will result in Australian Oilseeds Holdings Limited, a to-be-formed Cayman Islands company, listing its…

Rimon is proud to announce Partner Debbie Klis has been recognized as one of the Top 15 Corporate Attorneys by EB5 Investors Magazine. EB5 Investors Magazine is pleased to announce the Top 15 Corporate Attorneys. To be eligible, distinguished attorneys needed to primarily draft offering documents for EB-5 financing. Read more here. Congratulations, Debbie! Rimon has 48 offices across…

The March of Dimes Heroines of Washington Awards gala is one of Washington’s most esteemed events, recognizing professional women in the D.C. Metro Area for their dedication to community service. Since 2001, the March of Dimes has honored 135 “heroines” and raised more than $3.8 million to support the March of Dimes mission to fight…

Rimon PC client, Mobiv Acquisition Corp, announced the closing of its $87 million initial public offering of 8,700,000 units at $10.00 per unit. Mobiv Acquisition Corp is a special purpose acquisition company focused on acquiring a target business that is driving its growth in the electric vehicle (“EV”) and urban “smart” mobility industry including sustainable…

Rimon PC client Energem Corp., a Nasdaq listed company (NASD: ENCPU), has announced the signing of a business combination agreement with Graphjet Technology, a Malaysian company that transforms palm kernel shells, a waste product of palm oil production, into graphene and graphite used to produce EV batteries. The transaction values Graphjet at pro forma enterprise…