Welcome to our dedicated page for Breeze Holdings Acquisition news (Ticker: BREZ), a resource for investors and traders seeking the latest updates and insights on Breeze Holdings Acquisition stock.
This news feed previously tracked announcements and developments related to Breeze Holdings Acquisition Corp (BREZ), a special purpose acquisition company that operated on the Nasdaq Capital Market. Breeze Holdings was formed as a blank check company with the objective of identifying and merging with a private operating business.
In August 2025, Breeze Holdings successfully completed its business combination with YD Biopharma Limited, a Taiwan-based biopharmaceutical company specializing in cancer diagnostics and exosome-based therapeutics. Following the merger, the combined entity began trading on Nasdaq under the new ticker symbol YDES. The merger represented the successful completion of the SPAC's mission and transitioned investors from a speculative vehicle into an operating biopharmaceutical company.
Historical news archived here covers the SPAC's formation, IPO, target identification, merger negotiations, shareholder approval process, and transaction completion. For current news and updates about the ongoing operations of the merged entity, investors should reference news feeds and disclosures associated with the ticker symbol YDES and YD Bio Limited.
The completion of this business combination marked the end of Breeze Holdings' independent existence as a publicly traded SPAC. The news timeline provides historical context for understanding how the SPAC identified its merger target, structured the transaction, and ultimately delivered the intended outcome of taking a private company public through the reverse merger process.
D-Orbit successfully launched its Spacelust mission on April 1, 2022, aboard SpaceX's Transporter-4. This marks the fifth launch of D-Orbit's ION Satellite Carrier, which deployed into a 500 km Sun-synchronous orbit. The mission included satellites for Kleos Space, enhancing their surveillance capabilities, and SPEL, focusing on plant growth studies in space. D-Orbit has four more launches planned for 2022, with the next ION mission scheduled for June. The company is also progressing with a merger with Breeze Holdings (NASDAQ: BREZ).
Breeze Holdings Acquisition Corp. (NASDAQ: BREZ) announced progress from D-Orbit, its merger partner, in a letter from CEO Luca Rossettini. Key highlights include advancing scheduled missions, with two launches slated for 2022, and a growing backlog now at €22.75 million, a 20% increase since December 2021. D-Orbit is enhancing its ION Satellite Carrier technology and aims to lead in in-orbit services, including debris removal. The merger is expected to finalize in Q2 or Q3 2022, positioning D-Orbit for rapid growth in the evolving space economy.
D-Orbit announced the launch of SPACELUST, its fifth mission with the ION Satellite Carrier, scheduled for April 2022 aboard SpaceX's Falcon 9 Transporter-4. The mission will deploy four satellites including Kleos Space's Patrol Mission, enhancing its data collection capacity by an additional 119 million km² daily. ION's versatility supports various payloads, including academic projects from the University of Chile. This mission continues D-Orbit's trend of rapid launches, with plans for another mission in June 2022.
D-Orbit has signed a contract with Spaceflight Inc. to launch the Kleos Patrol Mission (KSF2) satellites aboard the ION Satellite Carrier on the upcoming SpaceX Transporter-4 mission, scheduled for April 2022. Originally set for the Transporter-3 mission, the launch was rescheduled due to vehicle disembarkation. The four satellites will enhance operational capabilities, providing improved radio frequency geolocation services. D-Orbit's ION platform also reduces costs and time from launch to operation by up to 85% and 40%, respectively.
D-Orbit S.p.A., a leading space logistics firm, will go public via a merger with Breeze Holdings Acquisition Corp (NASDAQ: BREZ), valuing D-Orbit at approximately $1.28 billion. This partnership aims to leverage the expertise of The Charles F. Bolden Group to enhance D-Orbit's growth and service offerings. Notable technologies include the ION Satellite Carrier, which streamlines satellite deployment and reduces costs. With a projected revenue of $453 million by 2024 and an existing backlog of $21.5 million, D-Orbit is positioned to capitalize on the expanding space economy estimated to reach $1.4 trillion by 2030.
Breeze Holdings Acquisition Corp. (NASDAQ: BREZ) announced it received a notice from Nasdaq regarding non-compliance with Listing Rule 5250(c)(1) due to a delayed filing of its Quarterly Report on Form 10-Q for Q3 2021. The Company filed a Form 12b-25 for the late filing and is revising its financial statements to classify all common stock as temporary equity following SEC guidance. The firm has 60 days to submit a compliance plan, which, if accepted, could extend its deadline up to 180 days, or until May 23, 2022.