James Gellert, RapidRatings CEO joins the Yahoo Finance Live panel to discuss SPAC/IPO trends for 2021.
Most stocks with exposure to batteries, energy storage, or renewables have taken off this year. This is partly due to industry fundamentals – electric transport is growing like crazy – but it’s also influenced by the Tesla (TSLA) effect. Any stock that looks like Tesla has become a retail investor darling with hopes of getting rich quick.
Billionaire Jay-Z is joining the company set to be California’s largest cannabis brand as a “chief visionary officer” as part of a SPAC deal announced on November 24. The deal will see a special purpose acquisition company, or SPAC, called Subversive Capital Acquisition Corp., acquiring cannabis brands Caliva and Left Coast Ventures to form The Parent Company, with deal close targeted for January 2021.
Blank-check acquisition company GigCapital2 Inc has agreed to merge with UpHealth Holdings Inc and Cloudbreak Health LLC to create a digital healthcare company valued at $1.35 billion, the companies said on Monday.
The allure of blank check companies is spreading beyond the U.S., with a host of European business tycoons now plotting deals. Listing a so-called special purpose acquisition company, or SPAC, has been the go-to method for wealthy Americans to raise money for takeovers this year.
Holland has been appointed to the board of Horizon Acquisition Corp. II, which raised $500 million in an IPO earlier this month to seek a “market-leading company in the media & entertainment industry that delivers a unique product or service to consumers.”
Model agency Elite Model World’s merger discussions with blank-check firm Galileo Acquisition Corp. have fallen apart without a deal being reached, according to people with knowledge of the matter.
Nebula Caravel Acquisition, the third blank check company formed by True Wind Capital targeting the tech sector, filed on Friday with the SEC to raise up to $250 million in an initial public offering.
Silver Spike Acquisition Corp. has a liquidation deadline on February 12, 2021 and may announce a deal at any time between now and then.
The key focus will be whether the company will merge with a cannabis or non-cannabis target.
Pershing Square Holdings is a closed-end fund trading in London and Amsterdam.
It trades at a 28.5% discount to net asset value, which is a lot in a relative and absolute sense.
The fund has exposure to sponsorship warrants in the largest SPAC in history that are likely undervalued on its book.
How hedge fund traders known as the SPAC Mafia are driving an $80 billion investment boom with a no-lose trade.
London-based Arrival will combine with US firm CIIG Merger. The combined company expects to list on the NASDAQ under the ticker symbol “ARVL.”
Interview with James H. Litinsky is the Founder, Chairman & Chief Executive Officer of MP Materials (NYSE: MP) Benzinga’s SPACs Attack.
A blank-check company backed by Formula One-owner Liberty Media Corp is looking to raise $500 million in a U.S. initial public offering, a regulatory filing showed on Thursday.
In an exclusive interview, IPO Edge Multimedia Editor Hope King sat down with Finance of America Companies Chief Executive Officer Patti Cook to discuss taking her company public and doubling down on lending during the global pandemic.
Sam Zell is one of the legendary investors of his generation, known for his love of dealmaking, gold chains, and telling it like it is.
OTR Acquisition Corp. announced the pricing of its downsized $100 million IPO this morning and its units are expected to begin trading on the Nasdaq under the symbol “OTRAU” today, Tuesday, November 17.
Scooter rental startup Bird Rides Inc. is working on a deal with Credit Suisse Group to go public via a special purpose acquisition company (SPAC), according to a report from Bloomberg.
Sponsors such as Tishman Speyer, CBRE and Sam Zell have all launched blank check companies in recent months.
Two companies seeking to shake up the automotive industry after recently going public have brought on a pair of in-house law department leaders.
Hyliion Holdings Corp., a startup electric truck maker that began trading in October after merging with a special purpose acquisition vehicle, announced Monday its hire of Jose Oxholm-Uribe as general counsel and chief compliance officer.