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…
Tech SPAC one prices $200 million IPO at $10
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…