Better Therapeutics announced today that, through a $113 million merger with Mountain Crest Acquisition Corp II, it will go public.
Flying-Taxi SPAC Accused of Stealing Aircraft Technology
Wisk Aero LLC, a maker of electric-powered aircraft designed for use as flying taxis, claims its technology was stolen by Archer Aviation Inc., a rival startup valued at $3.8 billion in a blank-check deal earlier this year involving United Airlines Holdings Inc. and investment banker Ken Moelis.
SPAC Bubble Fears Lead Hong Kong, Singapore Down Cautious Path
Hong Kong and Singapore are trying to get in on the boom in blank check company listings, while safeguarding investors from what some say is a bubble about to burst.
SPACs Will Face Many Litigation Challenges: Eventbrite Co-founder
Kevin Hartz, co-founder and chairman at Eventbrite Inc, discusses the boom in the SPACs, with Bloomberg’s Emily Chang.
Carson Block Steps Up SPAC Attacks, Citing ‘Predatory’ Behavior
Short-seller Carson Block said he’s building bets against more special purpose acquisition companies and that some retail investors will fall victim to “predatory plays.”
Origin Materials joins with fiber company to reach global market
West Sacramento chemical and green technology company Origin Materials has joined a partnership with a leading fiber company to commercialize Origin’s zero-carbon plastic in high-performance apparel and automotive applications worldwide.
Enjoy in Talks to Go Public Via Chicago Cubs Owner’s SPAC
Enjoy Technology Inc., a startup that has operated mobile retail stores for companies including Apple Inc., AT&T Inc., BT Group Plc and Rogers Communications Inc., is in talks to go public through a merger with Marquee Raine Acquisition Corp., according to people with knowledge of the matter.
Investment firms’ SPAC EG Acquisition files for a $250 million IPO
EG Acquisition, a blank check company formed by EnTrust Global and GMF Capital, filed on Monday with the SEC to raise up to $250 million in an initial public offering.
AeroFarms and Spring Valley Acquisition Corp. Investor Presentation
The Investor Presentation for the AeroFarms and Spring Valley Acquisition Corp. merger is available.
Sports Stars Think They Got Game in SPAC Arena
Blank-check companies are a new favorite pastime for current or retired pro athletes, but investors shouldn’t necessarily spring for courtside tickets
Investors Aren’t Thrilled About the Ajax-Cazoo Merger, But It May Yet Offer Value
Dan Och’s blank check company Ajax (NYSE: AJAX) has been one of the hot SPACs (special purpose acquisition companies) to watch ever since the SPAC craze took off in 2020.
SPAC boom leads to investment bankers earning record fees
Investment banks across the globe earned record fees during the first quarter of 2021 as companies rushed to raise money from bonds and buoyant equity markets, according to Refinitiv.
AeroFarms to Go Public in $1.2 Billion Spring Valley SPAC Deal
New Jersey-based company AeroFarms is set to go public in a $1.2 billion Spring Valley SPAC deal. AeroFarms was established in 2004.
Billionaire Bill Foley Is SPAC Market’s Overlooked Star
Fast-trading, social-media-obsessed investors have driven the special-purpose acquisition company craze. One of the biggest SPAC creators is a staid insurance executive who wants nothing to do with them.
Singapore Joins Asia’s SPAC Race But Investors Flock To US
Asian exchanges are keen to get in on the boom in “blank-check” company initial public offerings, or SPACs, that has swept the U.S. But the region may not generate the same kind of frenzy.
Wall Street’s $100 Billion SPAC Boom Upends the League Tables
The blank-check listings craze is shifting fortunes on Wall Street, knocking some of the world’s biggest banks off their perches and bringing unexpected bragging rights for others unaccustomed to competing for league table glory.
Equinox Group Draws SPAC Interest After $350 Million 2020 Loss
Equinox Group is fielding interest from blank-check firms that would take the company public after it lost around $350 million last year amid the pandemic, according to people with knowledge of the matter.
Interest in SPACs—Special Purpose Acquisition Companies—is booming…and so is the risk of litigation.
Following these ten steps will prepare SPAC boards, sponsors, and advisors for the likely shareholder suits and potential regulatory investigations that are increasingly becoming part of the SPAC landscape.
The ‘March SPACness’ Final Four Is Set: Are These The Best Former SPACs
On “SPACs Attack,” the latest SPAC mergers, rumors and headline news is broken down Monday through Friday.
A Bet On Rising Rates Drives Ackman’s First Quarter Gains
Bill Ackman’s flagship hedge fund ended the first quarter with a gain of 7.2 percent, after adding 0.60percent during March.