Digital assets and special purpose acquisition companies (“SPACs”) have been two of the hottest topics in the financial world over the past few years, and, unsurprisingly, the topics overlap with increasing frequency.
Prime management for Central Intelligence Company’s enterprise capital arm, In-Q-Tel, have quietly launched a separate “clean test” fund that stands to gas astronomical fortunes for former intelligence officers.
The Investor Presentation for the AMEX Global Business Travel and Apollo Strategic Growth Capital merger is available.
NuScale Power Corp., an advanced nuclear technology company, rose on its first day of trading after completing a merger with blank-check company Spring Valley Acquisition Corp.
In the wake of news that Twitter (TWTR) is going private on Tesla (TSLA) CEO Elon Musk’s $44bn (£35.1bn) takeover, the biggest loser could be former US President Donald Trump’s alternative social media platform, Truth Social.
Established companies can decrease the risk, cost, and amount of time required to go public by merging with a SPAC. Webinar discussing SPACs.
Chinese electric vehicle company CH-AUTO Technology Corp Ltd said on Monday it had agreed to go public with a U.S. blank-check firm in a deal valued at nearly $1.7 billion, including debt.
On March 30, 2022, the U.S. Securities and Exchange Commission (SEC) approved, by a 3-to-1 vote, a 372-page proposal of numerous rules regarding disclosures and procedural requirements for special purpose acquisition companies (SPACs).
A SPAC II Acquisition Corp. (NASDAQ: ASCBU) (“A SPAC II” or the “Company”) announced the pricing of its initial public offering of 18,500,000 units at a price of $10.00 per unit.
The blank-check companies that were Wall Street darlings, and then regulator targets, are facing yet another round of accounting headaches.
The depressed SPAC market has claimed another victim. Victory Acquisition, a star-studded blank check that wanted to raise $250 million in an IPO, filed paperwork with the Securities & Exchange Commission to cancel its plans Friday evening.
SoundHound AI, Inc. (“SoundHound”), a global leader in voice artificial intelligence (“voice AI”) today announced the completion of the previously announced business combination (the “Business Combination”) between SoundHound Inc. and Archimedes Tech SPAC Partners Co. (“Archimedes”), a special purpose acquisition company.
A group of 49 corporate law firms has now issued a joint statement decrying the lawsuits and trashing the plaintiffs’ arguments that SPACs are investment companies merely because the SPACs invest their IPO proceeds in trust accounts while seeking a merger partner.
Revelation Biosciences, Inc., a clinical-stage life sciences company focused on the development of immunologic‑based therapies for the prevention and treatment of disease, and Petra Acquisition, Inc., today announced they have entered into a definitive merger agreement for a business combination that will result in Revelation becoming a publicly-traded company.
Banking app Dave announced Monday that the company will make its market debut through a SPAC merger with VPC Impact Acquisition Holdings III.
Digital advertising company Minute Media is working with Goldman Sachs Group Inc. on a plan to go public as soon as this year, according to people familiar with the matter.
In this webinar, Adam Sisitsky moderates a panel of Mintz litigation attorneys including Nancy Adams, Jack Sylvia and Kristen White as they explore the rising risk of litigation and regulatory enforcement facing SPACs and the individuals that lead them.
Smart-lock startup Latch began trading Monday through a SPAC listing that raised $453 million and values the company at over $1.5 billion. The shares, issued through a special purpose acquisition vehicle run by Tishman Speyer Properties, rose 4% on the first day of trading.
SoFi Technologies Inc., the student-loan operator and stocks-trading platform, jumped 12% in its Nasdaq debut after merging with investor Chamath Palihapitiya’s blank-check company earlier this year.
On April 12, 2021, the Acting Director of the SEC’s Division of Corporation Finance, John Coates, and Acting Chief Accountant of the SEC, Paul Munter, released a statement on accounting and reporting considerations for warrants issued by SPACs.