one, a blank check company led by the co-founder of Eventbrite and other industry veterans targeting the tech sector, raised $200 million by offering 20…
How SPACs Are Changing the IPO and M&A Markets
Date: Wednesday, August 26, 2020Time: 10:00am-11:00amLocation: VirtualRegister: https://event.webinarjam.com/register/84/vyk94aqw SPACs or “blank check acquisition companies” have greatly impacted the 2020 IPO market because they are less linked to market…
EV developer Canoo to go public via reverse merger with ‘blank check’ company Hennessy Capital Acquisition
Special purpose acquisition, or “blank check” company, Hennessy Capital Acquisition Corp. has jumped on the electric vehicle bandwagon, as it announced a reverse merger with…
Investor behind Papa John’s comeback forms a SPAC
If you haven’t created a SPAC in 2020, do you even exist? The latest special purpose acquisition company, or SPAC, comes from Starboard Value, the…
What is a SPAC? 6 Best SPACs to Buy
6 SPACs investors should know. Rather than dealing with the hassle of an initial public offering, an increasingly popular alternative for private companies is to become the…
Forum Merger III, the third SPAC from David Boris and Marshall Kiev, prices $250 million IPO at $10
Forum Merger III, the third blank check company formed by SPAC veterans David Boris and Marshall Kiev, raised $250 million by offering 25 million units…
Casper Sleep’s CEO Krim Files for $300 Million Blank-Check IPO
Casper Sleep Inc.’s chief executive officer has filed to raise $300 million for a blank-check company after seeing shares of the mattress company he founded…
Can a SPAC Be a Top Stock? Virgin Galactic and Nikola Say Yes @themotleyfool #stocks $RR. $SPCE $NKLA
Over the past several months, companies have increasingly chosen to go public via the special purpose acquisition company — or SPAC — route. Some, like Nikola Corporation and Virgin…
Electric carmakers seek out blank-check firms for funding as virus spooks private markets
(Reuters) – Electric commercial truck maker Nikola Corp NKLA.O of Phoenix, Arizona, tried unsuccessfully to raise $1 billion in the private markets and only turned…
PODCAST: Rise of SPACs, demand for long holds and adjusting PE operations in the pandemic | PE Hub
We discuss the factors driving well-known executives to form special purpose acquisition vehicles and take a look at how private equity portfolio companies have adjusted…
Wall Street Gets Experimental with IPOs — SPACs Are Gaining Popularity
This year Wall Street has become inundated with ‘special purpose acquisition companies’. More commonly known as ‘SPACs’. SPACs account for one in every five dollars…
Can SPACs shake off their bad reputation?
Gabriel Grego was scanning a directory of newly-listed companies when his eyes landed on his next potential target: Akazoo, a Greek music streaming service that…
A SPAC IPO Renaissance and the De-SPAC Communications Necessities
SPACs – Special Purpose Acquisition Companies – have risen to prominence over the last few years. Another way to look at a SPAC IPO might…
Foresite Capital’s SPAC FS Development prices upsized $105 million IPO at $10
Foresite Capital’s SPAC FS Development prices upsized $105 million IPO at $10 FS Development, a blank check company formed by Foresite Capital targeting a healthcare…
The SPAC race: Wall St banks jostle to get in on hot new trend
Special purpose acquisition companies, or SPACs, have grown from a niche part of equity markets to become a popular alternative route to public markets. New…
Hims in talks to merge with Oaktree-backed SPAC
Hims, a telehealth company that offers personal health and wellness products, is in negotiations to go public by merging with blank-check company Oaktree Acquisition, according to…
Fortress Value Acquisition Corp. II Announces Pricing of $300 Million Initial Public Offering
NEW YORK–(BUSINESS WIRE)–Fortress Value Acquisition Corp. II (the “Company”), a blank check company formed for the purpose of entering into a merger, capital stock exchange,…
Are SPACs the new trend for hi-tech and biotech start-ups?
In the coming months, we will see an increasing number of tech companies going public via Special Purpose Acquisition Corporation (SPACs), rather than through the…
Fusion Acquisition Corp. Announces the Separate Trading of its Common Stock and Warrants, Commencing August 14, 2020
NEW YORK, Aug. 11, 2020 (GLOBE NEWSWIRE) — Fusion Acquisition Corp (NYSE: FUSE.U) (the “Company”) today announced that, commencing August 14, 2020, holders of the…
Hennessy Capital Acquisition Corp. IV (HCAC) recent quarterly performance of 6.41% is not showing the real picture
Hennessy Capital Acquisition Corp. IV (NASDAQ: HCAC) started the day on August 10, 2020, with a price decrease of -3.05% at $10.79. During the day,…