Tag: SPAC

Asia fintech MoneyHero slides on first day of trading after merger with Peter Thiel-backed SPAC

Asian fintech firm MoneyHero on Friday fell on its first day of trading on the Nasdaq, following the completion of its merger with special purpose acquisition...

Trump media company subpoenaed in federal criminal probe of SPAC deal

Former U.S. President Donald Trump gives the keynote address at the Faith & Freedom Coalition during their annual "Road To Majority Policy Conference" at...

Circle, the company behind the USDC stablecoin, doubles valuation to $9 billion in updated SPAC deal

Circle, the firm behind the stablecoin USDC, has doubled its valuation to $9 billion following a new deal with blank-check company Concord Acquisition Corp.The...

The SPAC market starts 2022 with abysmal losses, abandoned deals

A trader is comforted by a coworker as they work on the floor of the New York Stock Exchange (NYSE) on March 1, 2018...

EV maker Lucid subpoenaed by SEC over SPAC merger

Shares in the electric vehicle startup Lucid Group tumbled Monday after saying that said it had been subpoenaed by government...

Lighthouse Investment hedge fund sells stake in Trump SPAC firm DWAC after merger news, big stock price rise

At least one hedge fund sold its stake in the SPAC Digital World Acquisition Corp. after the firm announced plans to merge with the...

Branson’s Virgin Orbit to go public through a SPAC at $3.7 billion valuation

The modified 737 aircraft "Cosmic Girl" lifts off from Mojave Air and Space Port in California carrying a LauncherOne rocket on June 30, 2021.Virgin...

What Follows an Unspectacular SPAC? SPAC-lash

Special purpose acquisition companies (SPACs) have become a popular way to go public in part because they shield founders from extensive disclosures mandated by traditional IPOs. But as founders are...

Bill Ackman sees Universal Music SPAC deal closing later this month

Bill Ackman, founder and CEO of Pershing Square Capital Management.Adam Jeffery | CNBC Billionaire investor Bill Ackman said Friday he expects to close his...

Walmart’s Flipkart considers US listing with SPAC as option – Times of India

NEW DELHI: Walmart Inc's Flipkart is exploring going public in the US through a merger with a blank-check company as it seeks to quicken...

Proptech startup States Title, now Doma, going public via SPAC in $3B deal – TechCrunch

Real estate tech startup Doma, formerly known as States Title, announced Tuesday it will go public through a merger with SPAC Capitol Investment Corp....

Satellite data company Spire goes public via SPAC, adding to a growing list of public space plays

A Spire satellite pictured in orbit.Spire GlobalSmall satellite builder and data specialist Spire Global is planning to go public, announcing on Monday that it...

Small-launch leader Rocket Lab going public via a SPAC, with plans for bigger Neutron rocket

Rocket Lab CEO Peter Beck stands with one his company's Electron rockets.Rocket LabRocket Lab, the leader among companies building small rockets to launch satellites,...

Rocket Lab CEO says SPAC deal is ‘a supercharger’ for growth and adds ability to launch astronauts

CEO Peter Beck stands at the base of the fairing, or nosecone, of the Neutron rocket the company is developing.Rocket LabRocket Lab is going...

Robinhood is still on track for a hot IPO despite the GameStop uproar

Omar Marques | LightRocket | Getty ImagesRobinhood's user growth, brand recognition and valuation appear to be stronger than ever as the online brokerage recovers...

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