BUSINESS WIRE)–WeWork, the leading flexible space provider, and BowX Acquisition Corp. to merge.
Endeavor Aims to Capitalize on Frothy Equities Markets With IPO or SPAC Deal
Endeavor, the parent company of WME, dropped its bid to go public in September 2019. At the time, the company said it would continue to assess market conditions as it looked for a better opportunity. That time has come, according to Wall Street watchers.
Reservoir Media In Talks to Go Public Via Roth II SPAC
Music publisher Reservoir Media Management is in talks to go public through a merger with Roth Ch Acquisition II Co., a blank-check firm, according to a person with knowledge of the matter.
Magnum Opus Acquisition Limited Raises US $200M SPAC IPO, to capitalize on the convergence of consumption and technology
Magnum Opus Holdings LLC successfully launched its first SPAC vehicle, Magnum Opus Acquisition Limited (“Magnum Opus”) on the New York Stock Exchange.
Exclusive: U.S. regulator opens inquiry into Wall Street’s blank check IPO frenzy – sources
The U.S. securities regulator has opened an inquiry into Wall Street’s blank check acquisition frenzy and is seeking information on how underwriters are managing the risks involved, said four people with direct knowledge of the matter.
Bill Gates-Backed Vicarious Is in Talks to Merge With D8 SPAC
Vicarious Surgical, a developer of medical robot technology that’s backed by Microsoft Corp. co-founder Bill Gates, is in talks to go public through a merger with blank check-firm D8 Holdings Corp., according to a person with knowledge of the matter.
For companies courted by SPACs, the deal doesn’t always go to the highest bidder
As the blank-check boom rages on, growth-stage companies are increasingly bombarded by SPAC sponsors vying to take them public.
Exclusive: How Rover’s SPAC Merger Will Help Grow The ‘Airbnb For Dogs And Cats’
Rover CEO Aaron Easterly joined Benzinga CEO Jason Raznick on the “Power Hour” YouTube show for an exclusive interview to discuss why the company is going public and what’s next.
SPAC Market Discount Deepens; More to Come?
Over 35% of pre-deal SPAC units closed under $10 and just over 50% of pre-deal SPAC common did the same.
Lightning eMotors and GigCapital3 merger vote set for April 21
Electric vehicle manufacturer Lightning eMotors, and SPAC GigCapital3 Inc. (NYSE: GIK) shareholder vote has been set for 10 a.m. on April 21, according to documents filed Monday. Shareholders will vote to approve the merger.
SPAC Siddhi Acquisition files for a $200 million IPO, targeting the food and beverage industry
Siddhi Acquisition, a blank check company formed by Siddhi Capital targeting the food and beverage industry, filed on Tuesday with the SEC to raise up to $200 million in an initial public offering.
CCIV Stock: The Lucid Motors SPAC News That Sent Shares Stumbling Today
Churchill Capital Corp. IV (NYSE:CCIV) closed Tuesday down 8% after a new Securities and Exchange Commission filing shed additional light on its merger with Lucid Motors. CCIV stock is also under pressure as bearish sentiment around SPACs mounts.
Here’s Which VC-Backed Companies Are Going Public Via SPAC This Year (So Far)
Going public through a special purpose acquisition company is officially mainstream. Special purpose acquisition companies, once looked down upon by Wall Street-types as a less respectable way to go public, have been forming and going public at an unprecedented pace this year.
Exclusive: Phyllis Newhouse And Isabelle Freidheim Are Busting Up The SPAC Boys’ Club By Bringing Athena To Market
During Phyllis Newhouse’s 22-year career in the military, the cybersecurity expert took a two-week class in networking at the U.S. Army Senior Leadership Academy. The test at the end of the course was a doozy: Every officer was required to know and explain the ways in which her 100 classmates connected to each other.
SPAC Good Works II Acquisition files for a $200 million IPO, targeting high-growth businesses
Good Works II Acquisition, a blank check company targeting high-growth businesses, filed on Thursday with the SEC to raise up to $200 million in an initial public offering.
SPACs: Are You Really Ready To Commit?
SPAC transactions are on a meteoric rise. In 2020, there were approximately 250 SPACs that, combined, raised $76 billion and made up almost half of all Initial Public Offerings (IPOs) for the year.
Vivid Seats Said in Talks to Go Public Via Boehly’s SPAC
Vivid Seats, a digital ticketing marketplace that competes with StubHub, is in advanced talks to go public via a merger with Horizon Acquisition Corp., a blank-check firm led by Todd Boehly, according to people with knowledge of the matter.
Arbe Robotics Ltd., a Global Leader in High-Resolution 4D Imaging Radar Technology, Expected to List on the Nasdaq Through a Merger with Industrial Tech Acquisitions, Inc.
Arbe Robotics, a leading provider of next-generation 4D Imaging Radar solutions, and Industrial Tech Acquisitions, Inc. (NASDAQ: ITAC) jointly announced that they have entered into a #definitive business combination agreement.
Crypto exchange Kraken says it is ‘too big’ to go public through a SPAC
San Francisco-based crypto exchange Kraken has not yet confirmed that it will follow in Coinbase’s footsteps by pursuing a public listing, though the company did rule out the possibility of doing so via a special-purpose acquisition company.
Exclusive: Evolv’s CEO On Why Its Technology Is ‘Critical’ To Travel, Events Comeback
Evolv Technology is a provider of an artificial intelligence-enabled touchless screening system that replaces traditional metal detectors.