Banking app Dave announced Monday that the company will make its market debut through a SPAC merger with VPC Impact Acquisition Holdings III.
Digital Ad Startup Minute Media Explores Going Public
Digital advertising company Minute Media is working with Goldman Sachs Group Inc. on a plan to go public as soon as this year, according to people familiar with the matter.
[Webinar] When the Dust Settles: A Closer Look at the SPAC Boom and Potential Litigation to Follow
In this webinar, Adam Sisitsky moderates a panel of Mintz litigation attorneys including Nancy Adams, Jack Sylvia and Kristen White as they explore the rising risk of litigation and regulatory enforcement facing SPACs and the individuals that lead them.
Smart-Lock Startup Latch Rides SPAC Frenzy To $1.5 Billion Valuation
Smart-lock startup Latch began trading Monday through a SPAC listing that raised $453 million and values the company at over $1.5 billion. The shares, issued through a special purpose acquisition vehicle run by Tishman Speyer Properties, rose 4% on the first day of trading.
SoFi Jumps 12% in Nasdaq Debut After Palihapitiya SPAC Merger
SoFi Technologies Inc., the student-loan operator and stocks-trading platform, jumped 12% in its Nasdaq debut after merging with investor Chamath Palihapitiya’s blank-check company earlier this year.
Clarity Emerges in the Aftermath of the SEC Statement on SPAC Warrant Accounting: A Roadmap for the Changes to Permit Equity Classification
On April 12, 2021, the Acting Director of the SEC’s Division of Corporation Finance, John Coates, and Acting Chief Accountant of the SEC, Paul Munter, released a statement on accounting and reporting considerations for warrants issued by SPACs.
Turnaround veteran’s SPAC M3-Brigade Acquisition IV files for a $200 million IPO
M3-Brigade Acquisition IV, the fourth blank check company led by turnaround veteran Mohsin Meghji targeting the renewable energy space, filed on Tuesday with the SEC to raise up to $200 million.
The Pied Piper of SPACs
Chamath Palihapitiya says that the investment tool lets ordinary people get rich off startups. It may be hype—but hype can be its own economic engine.