Steve Burns pulled together several pieces of a business venture over the last year: His company, Lordstown Motors, designed an electric pickup truck, acquired a…
Feeling bullish: Why SPACs are fueling the first wave of igaming IPOs
What is it about blank-check companies that appeals to operators and what exactly is exciting investors so much? The term Special Purpose Acquisition Company (SPAC)…
13 companies file to list on Monday: IPO market set to explode after Labor Day
13 new issuers joined the pipeline on Monday, with two more filing on Tuesday. This includes 10 traditional IPOs, one direct listing, and four SPACs. Another three…
A Russian Oligarch Created a SPAC; Should You Invest?
A special purpose acquisition company (SPAC) is a publicly traded shell company that raises capital with the intent of taking a private company public. Lately, many private…
DealBook: The Urge to Reverse Merge
SPACs are just getting started The “blank check” acquisition funds known as special purpose acquisition companies, or SPACs, have raised more than $30 billion so far this…
MZ Group and SPAC Alpha Form Strategic Partnership and Launch SPAC Alpha IR+
SPAC Alpha IR+ Combines SPAC Alpha’s Robust SPAC Transaction Data & Research Platform with MZ’s Comprehensive Suite of Investor Relations Services NEW YORK, NY /…
No parties allowed at the Airbnb IPO
Hello and welcome back to Equity, TechCrunch’s venture capital-focused podcast (now on Twitter!), where we unpack the numbers behind the headlines. What happens when the entire…
Why SPACs Have Become the ‘Revenge of the Retail Investor’
DMY Technology Group Chairman Harry You says special purpose acquisition companies (SPACs) are “wonderful for the investors” due to the extended amount of time to evaluate the investment. He speaks with Bloomberg’s Ed Hammond on “Bloomberg Markets: The Close.”
Former House Speaker Paul Ryan Starts Blank-Check Company
Paul Ryan, the consummate Washington negotiator, is trying his hand at another kind of deal making, jumping into the rush on Wall Street toward blank-check…
Making Sense Of The Innovations in Investment Banking On Wall Street
SPACs, Direct Listings, Dutch Auctions, Crowdfunding, Private Stock Trading Platforms I bet you have recently read a lot about Special Purpose Acquisition Companies (SPACs). They…
SPACs Are Just at Top of First Inning, Kevin Hartz Says
Aug.18 — Kevin Hartz, chief executive officer of One and co-founder of Eventbrite Inc., says the market for special purpose acquisition companies (SPACs) is just…
Billy Beane’s RedBall SPAC Gets Millennium as An Investor
(Bloomberg) — Izzy Englander’s Millennium Management is getting in on the SPAC frenzy by snapping up a 7.8% stake in RedBall Acquisition Corp., the blank-check…
BlockFi raises $50 million, eyes potential SPAC
Quick Take BlockFi has announced the close of a $50 million Series C fundraise Sources say the company’s valuation stands at $400 million The additional…
Dragoneer Growth Opportunities raised $600M in IPO
Dragoneer Growth Opportunities, a newly formed SPAC, raised $600 million in its IPO, offering 60 million units at $10. Each unit consists of one share of common stock…
Bill Foley Raises $1.3 Billion For New Blank-Check Company
Bill Foley appears to be gearing up for another major acquisition, but the exact target remains an open question. A California wine magnate, owner of the…
After Smoke Clears, Pot Industry Could See M&A Activity Light Up
Real Money tapped an industry expert to discuss the outlook for buying and selling of cannabis companies. We’re finally positioned to see some buying and selling of…
SPAC IPOs A Sign Of Impending M&A Opportunities
The last time I wrote about special purpose acquisition companies (SPACs) in July 2018, I noted that SPACs had been growing in popularity, raising more money in 2017…
SPAC (“Blank Check Company”) Investing Guide
Special purpose acquisition companies (SPACs) – also called “blank check companies” – have surged in popularity this year. That’s because they are formed solely for…
DAZN Eyes $1 Billion in New Funding Push
(Bloomberg) — DAZN Group Ltd., the sports-streaming service backed by billionaire Len Blavatnik, has revived talks to raise new funding after spending heavily on its…
Wall Street holds the cards as Main Street chases blank-check deal frenzy
BOSTON/NEW YORK (Reuters) – Josh Black was looking for the next lucrative deal after scoring a 500% profit in a few weeks by investing in…