SPACs have been hot, and GMHI stock looks like the next winner after an auto tech buy The SPAC trend remains hot, with yet another…
Why Airbnb Is Saying ‘Thanks, But No Thanks’ To Bill Ackman’s SPAC
Short-term rental giant Airbnb has said “thanks, but no thanks” — at least for now — to a proposal to go public by merging with billionaire Bill Ackman’s special purpose acquisition company (SPAC).
S-1/A – Corsair Gaming, Inc.
Filed: 2020-09-01 AccNo: 0001193125-20-237299 Size: 9 MB Source: SEC Filings – S-1/A – Corsair Gaming, Inc.
Competitive mobile game maker Skillz will do a quick IPO at $3.5 billion valuation
Skillz is going public this fall on the New York Stock Exchange through a special public acquisition company (SPAC). This has become a popular way for fast-moving companies to go public without all the hassle of a traditional IPO. SPACs are set up by managers who raise money in a blind shell company, and the investors don’t know what they’re putting their money into.
S-1 – Bluescape Opportunities Acquisition Corp.
Filed: 2020-09-02 AccNo: 0001104659-20-101755 Size: 2 MB Source: S-1 Filings – S-1 – Bluescape Opportunities Acquisition Corp.
Casdin goes all-in on the SPAC game with $385M offering
Two of biotech’s biggest trends — the rise of SPACs and the Scrooge McDuck piles of cash suddenly available to a life sciences company on New York trading floors — converged late Wednesday in one of the largest life sciences SPAC offerings yet: $385 million.
S-1/A – TWC Tech Holdings II Corp.
Filed: 2020-09-01 AccNo: 0001213900-20-024792 Size: 3 MB Source: SEC Filings – S-1/A – TWC Tech Holdings II Corp.
Exclusive: Online Retailer Boxed Explores $1 Billion Sale-Sources
U.S. online wholesale retailer Boxed is exploring strategic options, including a sale or going public through a merger with a blank-check acquisition company that could value it at around $1 billion, according to people familiar with the matter.
Electric Vehicle Lovers Can’t Afford to Ignore DiamondPeak Stock
The idea of investing in a shell company might not sound particularly enticing. Maybe that’s why so many traders have not seriously looked into DiamondPeak (NASDAQ:DPHC) as a business with growth potential. Yet, traders should investigate DiamondPeak stock as there is a backstory here that’s compelling.
Virgin Galactic, DraftKings, Nikola – What’s Next? Everything You Need To Know About Buying SPACs
Blank check IPOs are the latest craze to hit the stock market, with Virgin Galactic, DraftKings and Nikola among the well-known special purpose acquisition companies out there. But what exactly are SPACs?
Hims & Hers – Featured At Target, Goes Where Few Brands Have Dared
Yesterday, as my wife and I were doing a biweekly Target-run, I was attracted to an end-cap display, looking very much like a new Target private label brand. Its simplicity, and elegantly designed packaging, great presentation, along with the slightly cheeky name Hims & Hers looked very on-brand for Target. Make no mistake, it is not theirs.
Reid Hoffman, Zynga’s Mark Pincus aim to raise $600M for tech-focused SPAC
Reinvent Technology Partners, a new special purpose acquisition company formed by famed investor and serial entrepreneur Reid Hoffman, Zynga founder Mark Pincus and veteran hedge fund manager Michael Thompson, filed Monday for a $600 million initial public offering.
Surge in ‘Blank Check’ Companies Keeps SPAC Specialists Busy
What do former Speaker of the House Paul Ryan, one-time Trump chief economic adviser Gary Cohn, and Oakland A’s executive vice president Billy Beane have in common?
Pretzel-maker Utz CEO on going public after nearly 100 years as a private company
Utz CEO Dylan Lissette joins “Squawk Box” to discuss the company’s decision to go public through a SPAC after nearly 100 years as a private company.
S-1/A – HighCape Capital Acquisition Corp.
Filed: 2020-08-31 AccNo: 0001104659-20-100340 Source: SEC Filings – S-1/A – HighCape Capital Acquisition Corp.
SPACs To Play ‘Huge Role’ Going Forward: Key Takeaways From This Week’s BZ Cannabis Hour
In 2020, most of the investments that were made in the cannabis space came from SPACs, or special purpose acquisition companies, Benzinga’s Javier Hasse said on this week’s BZ Cannabis Hour.
SPACs Are The Hot Investment Trend For 2020, Should You Participate?
One pronounced trend for 2020 is the growth of funds flowing to Special Purpose Acquisition Companies (SPACs), sometimes called blank-check companies. SPACs have raised over…
S-1/A – BCTG Acquisition Corp.
Filed: 2020-08-31 AccNo: 0001213900-20-024458 Source: SEC Filings – S-1/A – BCTG Acquisition Corp.
DraftKings CEO sounds alarm on SPAC market: ‘Hopefully the market settles down a little bit there’
The SPAC market may be getting frothy.
Just like in entertainment, when network executives copycat a hit show format until the market is saturated, investors are flooding the market with special purpose acquisition companies, or SPACs, to scout private companies to take them public.
Exclusive: Utz CEO Talks Family And The 99-Year-Old Company’s Plan To Go Public On Monday
There hasn’t been a single year in iconic potato chip maker Utz’s 99-year history that sales haven’t increased, but it’s been more slow and steady than rapid growth. “We built our whole life on singles, doubles—never a grand slam,” CEO Dylan Lissette says. “We’re consistent.”