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.
EXCLUSIVE: Finance of America CEO is Doubling Down During Pandemic as Mortgage Market Strength Holds – Video Highlights and Replay
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.
Interview: Billionaire Sam Zell Talks Trump, SPACs, And Interest Rates In Forbes Q+A
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. (OTRAU) Prices Downsized $100M IPO
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.
Credit Suisse, Bird Rides In Talks To IPO Via SPACs
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.
CRE Firms Join the SPAC Boom
Sponsors such as Tishman Speyer, CBRE and Sam Zell have all launched blank check companies in recent months.
Hyliion Electric Truck Maker Gets Legal Chief After Going Public
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.
Webinar: Bloomberg solutions for SPACs
Special Purpose Acquisition Companies (SPACs), have seen a resurgence in popularity over the past 2 years, and it’s easy to see why.
Advent Technologies Announces Appointment of Katherine E. Fleming, Provost of NYU, to Board of Directors
Advent Technologies, an innovation-driven company in the fuel cell and hydrogen technology space, today announced the appointment of Katherine E. Fleming as a new Member of its Board of Directors, in the context of its planned merger with AMCI Acquisition Corp (NASDAQ: AMCI) and the upcoming Nasdaq listing.
MultiPlan plunges over 20%
MultiPlan (NYSE: MPLN) shares went down over 20% before ending at to $7.01 on Wednesday. This dive comes after Muddy Waters Research releases a short report titled “MultiPlan: Private Equity Necrophilia Meets The Great 2020 Money Grab.”
Key Takeaways from Capital Markets Series on SPACs: Unlocking a “Blank Check”
In a recent installment of the Capital Markets Series, I joined Jon Campagna, CFO of Virgin Galactic, and other experienced advisors and professionals from KPMG and BofA to discuss how private companies can unlock capital-raising opportunities offered by “blank check” investors, also known as SPACs.
Cano Health nears $4.4 billion deal with Barry Sternlicht-backed SPAC
Blank-check company Jaws Acquisition Corp JWS.N plans to take healthcare provider Cano Health LLC public in a $4.4 billion deal including debt, the Wall Street Journal reported on Wednesday, citing people familiar with the matter.
CBRE latest real estate firm to hop on SPAC bandwagon
CBRE, the world’s largest real estate services firm, has formed a blank-check company, called CBRE Acquisition Holdings.
New SPAC-Focused Equity Research Provider was Officially Launched. Initiated Coverage on Playboy, BankMobile and E2open.
HASAQUE Equity Research, a SPAC-focused equity research provider founded by a team of former senior consultants at EY, is coming out of stealth with the release of three due diligence-based reports on Playboy, BankMobile, and E2open – all are due to go public via SPAC mergers in the coming months.
Tishman Speyer Launches $300M SPAC to Invest in Proptech
Tishman Speyer has launched a $300 million blank check company that will invest in proptech firms, according to an S1 filed with the SEC Monday.
Video: SPACs aren’t out of whack in 2020
SPACs — special purpose acquisition corporations — have come a long way from being regarded as the “skunk at the garden party” to a welcome investment vehicle.
Podcast: This Is The NYSE’s Plan To Win More Direct Listings
This year’s stock market boom has coincided with a boom in new listings.
Michael Klein’s Churchill SPAC Eyes AT&T’s DirecTV Stake
A blank-check company backed by former Citigroup Inc. rainmaker Michael Klein is among the parties interested in buying a stake in AT&T Inc.’s DirecTV satellite-television business, according to people with knowledge of the matter.
Netfin-Triterras: A Fantastic De-SPAC Opportunity In The Fintech Space
Netfin (NFIN) is a blank check company incorporated in April 2019. It had a $255M SPAC IPO in August 2019. As their management team had vast experience in both capital markets and fintech space, their focus was to target a fintech business.
SPACs Soar as Fast, Hassle-Free IPO Alternatives for Biotech Companies
Special purpose acquisition companies (SPACs) are resurging as a virtually hassle-free alternative to initial public offerings (IPOs). They’ve been around for years, but are just now becoming a factor for biotech.