SPACs are Wall Street’s latest craze, attracting everyone from celebrities to retail investors. An alternative to the traditional IPO, SPACs could transform tech investing and supercharge innovation.
Fintech banker McLaughlin hunts bigger deal after upsized SPAC IPO
The blank check firm co-founded by one of the most prominent U.S. financial technology investment bankers will broaden its search for merger partners to companies worth up to $10 billion after pricing a larger IPO.
Video: Cipher Mining CEO on Going Public Via SPAC, Bitcoin
Cipher Mining CEO Tyler Page discusses his company going public via SPAC. He also talks about how much Bitcoin the company plans on mining. He speaks to Emily Chang on “Bloomberg Technology.”
InvestaX Launches World’s 1st Digital SPACs
InvestaX, pioneers and creators of next generation technology driven investment products, announces the launch of the world’s first Digital SPACs, using smart contracts and blockchain technologies.
Ambulnz and Motion Acquisition Corp. Investor Presentation
The Investor Presentation for the Ambulnz and Motion Acquisition Corp. merger is available.
Beazley launches specialty D&O coverage for SPACs
Beazley PLC on Tuesday launched a range of directors and officers liability coverages for SPACs.
Ambulnz Agrees to Go Public Via Motion Acquisition SPAC
Ambulnz, a provider of mobile medical services and patient transportation, has agreed to go public through a merger with Motion Acquisition Corp., according to people with knowledge of the matter.
Mahomes, Osaka and Lewandowski Among Stars Advising Disruptive SPAC
A slate of high-profile pro athletes including Patrick Mahomes and Naomi Osaka have joined with a tech-focused banker to form a new SPAC.
The SPAC Investment That Bill Gates, Peyton Manning Have In Common
A company that uses artificial intelligence and data science to keep visitors safe with touchless screening is going public in a SPAC deal announced Monday.
Prime time for SPACs
After more than a decade of buildup, special purpose acquisition companies (SPACs) have exploded and are gaining momentum in the US and beyond.
Indonesia Stock Exchange Considers Allowing SPAC Listings
IDX (Indonesia Stock Exchange) has become the latest Asian bourse to explore allowing SPACs (special purpose acquisition vehicles) to list on its market.
‘SPACs Attack’ Weekly Recap: Looking Back On 9 Deal Announcements, Rumors And Headline News
It was another busy week for the SPAC market with numerous deal announcements and rumored deals. The market brought down the valuation of many SPACs late in the week.
U.S. crowd-safety firm Evolv to go public in $1.7 bln SPAC deal
U.S. crowd-safety company Evolv Technology said on Sunday it is combining with blank-check firm NewHold Investment Corp to go public in a deal that will value it at about $1.7 billion.
Bill Ackman and Chamath Palihapitiya’s hot SPACs see shaky trading
High-profile special purpose acquisition companies like Pershing Square Tontine Holdings (NYSE:PSTH) and Social Capital Hedosophia Holdings V (NYSE:IPOE) faced pressure in Friday’s session as investors grew wary of SPACs, although the sector later partly rebounded and PSTH even went positive.
Rumor: Shutterfly in Talks to Go Public Through SPAC Merger
Shutterfly Inc. is in talks to go public through a merger with a blank-check company, according to people familiar with the matter, less than two years after Apollo Global Management Inc. took the online-photo-book maker private.
German Flying-Taxi Startup Is In Talks to Merge With Qell SPAC
Lilium, a German startup that’s making an all-electric vertical takeoff and landing passenger jet, is in talks to go public through a merger with Qell Acquisition Corp.
Archer Aviation and Atlas Crest Investment Corp. Investor Presentation
The Investor Presentation for the Archer Aviation and Atlas Crest Investment Corp. merger is available.
Bitcoin mining company Cipher to go public via $2 billion SPAC merger with Good Works
Newly formed bitcoin mining operation Cipher Mining Technologies announced it will go public in a merger with blank-check company Good Works Acquisition. The deal values the combined entity at $2 billion.
Hippo and Reinvent Technology Partners Z Investor Presentation
The Investor Presentation for the Hippo and Reinvent Technology Partners Z merger is available.
SPACs: What Directors Should Know and Why
In 2020, SPACs netted record-breaking IPO proceeds of over $50 billion, and the more than 60 completed and announced SPAC mergers dwarfed the 21 and 22 seen in 2018 and 2019, respectively, based on public filings and assumed transaction sizes.