Of the plethora of special-purpose acquisition companies “so many people are cranking out” in “a land rush,” only “a handful are good,” Barry Ritholtz says.
SPAC Falcon Capital Acquisition II files for a $400 million IPO, led by Ariliam’s Alan Mnuchin
Falcon Capital Acquisition II, a blank check company formed by Ariliam Group targeting a media business, filed on Wednesday with the SEC to raise up to $400 million in an initial public offering.
Real estate tech SPAC ICG Hypersonic Acquisition files for a $250 million IPO
ICG Hypersonic Acquisition, a blank check company formed by Island Capital Group targeting real estate technology, filed on Wednesday with the SEC to raise up to $250 million in an initial public offering.
Apollo SPAC and Vista Halt $15 Billion Merger Talks
Vista Equity Partners’ negotiations to merge three of its companies with acquisition firm Apollo Strategic Growth Capital in a $15 billion transaction have been halted.
eToro and FinTech Acquisition Corp. V Investor Presentation
The Investor Presentation for the eToro and FinTech Acquisition Corp. V merger is available.
Ouster CEO Angus Pacala On Bringing Lidar Into Everyday Life
As the digital pioneer in a historically analog industry, Ouster is taking lidar beyond autonomous vehicles and into much larger and rapidly growing markets spanning industrial automation, smart infrastructure, robotics, and more.
Deutsche Bank Rides SPAC Boom to Make League Table Comeback
The craze for blank-check listings is helping Deutsche Bank AG make a comeback in the IPO world.
PODCAST: Batteries vs fossil fuels, US Secretary of Energy’s big challenges, SPACs and storage
The new episode of the Solar Media Podcast, sponsored by Honeywell, is now available stream, as we take a look at US Energy Secretary Jennifer Granholm’s in-tray and explain why solar module prices could be set for a short-term price increase.
eToro, the world’s leading social investment network, to become publicly traded through business combination with FinTech Acquisition Corp. V
eToro, a multi-asset investment platform that empowers people to grow their knowledge and wealth as part of a global community of successful investors, and FinTech Acquisition Corp. V announced today that they have entered into a definitive business combination agreement.
Short Sellers Boost Bets Against SPACs
SPAC boom skeptics are betting against deals including Social Finance, Lucid and Lordstown Motors. Short sellers are coming for SPACs.
‘SPACs Attack’ Weekly Recap: Looking Back On 5 Deals, Rumors And Headline News
It was another busy week for the SPAC market with numerous deal announcements and rumored deals. Benzinga’s “SPACs Attack” covered the deals and news of the week.
NFTs, Bitcoin, SPACs, Sneakers: Too Many Crazes to Count
The use of special purpose acquisition companies to take startups public has hit astronomical levels. Of the 302 IPOs so far this year, 80% are SPACs.
Thoma Bravo SPAC Is Said in Talks to Take IronSource Public
Thoma Bravo’s blank-check firm, Thoma Bravo Advantage, is in talks to take mobile marketing company IronSource public through a merger, according to people with knowledge of the matter.
Rumor: BuzzFeed Is in Talks to Go Public Via 890 5th Avenue SPAC
BuzzFeed Inc., the digital-media outlet founded in 2006, is in talks to go public through a merger with 890 5th Avenue Partners Inc., a special purpose acquisition company, according to people with knowledge of the matter.
SEC issues warning on celebrity SPACs
Over the next two years, $103 billion in SPAC capital will be on the hunt for acquisition targets. The U.S. Securities and Exchange Commission on Wednesday notified investors not to invest in a special-purpose acquisition company, or SPAC, just because a celebrity is involved without naming names.
Southeast Asia’s Grab Mulls Public Filing In US Via SPAC
Southeast Asian delivery startup Grab Holdings Inc. is considering a public filing in the U.S. through a merger with a special purpose acquisition company (SPAC), Bloomberg reported on Wednesday (March 10) citing sources.
SPACs for Space: Are Startups Ready for the Public Markets?
A spree of space startups — Rocket Lab, Spire Global, BlackSky, Momentus, Astra, and AST SpaceMobile — have recently announced plans to go public through Special Purpose Acquisition Companies (SPACs), a method of financing that has become very popular in recent months.
Vista eyes SPAC for another attempt at Omnitracs exit
The blank-check firm Apollo Strategic Growth Capital (NYSE:APSG) is in talks to combine three of Vista Equity Partners’ auto technology companies to go public, according to a Bloomberg report. The portfolio companies — Solera Holdings Inc., DealerSocket Inc. and Omnitracs — are reported to be valued at $15 billion and could reach a deal within weeks.
Two SPACs led by Russell Galbut and Michael Liebowitz each file for $100M IPOs
The two partners, who last year raised $115 million for their New Beginnings Acquisition Corp. blank check company, filed initial public offerings for two more companies, New Beginnings Acquisition Corp. II and New Beginnings Acquisition Corp. III, each targeting $100 million raises.
An Interview With Payoneer’s CEO and 2 SPACs We’re Watching
In this week’s installment of Industry Focus: Financials, Fool.com contributor and SPAC investor Matt Frankel interviews Scott Galit, CEO of Payoneer, a fintech disruptor that recently agreed to go public by way of a merger with FTAC Acquisition.