Digital assets and special purpose acquisition companies (“SPACs”) have been two of the hottest topics in the financial world over the past few years, and, unsurprisingly, the topics overlap with increasing frequency.
As the SEC Cracks Down on Shady SPACs, CIA Officials Get In on the Action
Prime management for Central Intelligence Company’s enterprise capital arm, In-Q-Tel, have quietly launched a separate “clean test” fund that stands to gas astronomical fortunes for former intelligence officers.
AMEX Global Business Travel and Apollo Strategic Growth Capital Investor Presentation
The Investor Presentation for the AMEX Global Business Travel and Apollo Strategic Growth Capital merger is available.
Nuclear-Tech Firm NuScale Gains After Completing SPAC Merger
NuScale Power Corp., an advanced nuclear technology company, rose on its first day of trading after completing a merger with blank-check company Spring Valley Acquisition Corp.
Short sellers target Trump stock vehicle DWAC
In the wake of news that Twitter (TWTR) is going private on Tesla (TSLA) CEO Elon Musk’s $44bn (£35.1bn) takeover, the biggest loser could be former US President Donald Trump’s alternative social media platform, Truth Social.
Webinar: Raise Capital and Go Public with a SPAC Merger
Established companies can decrease the risk, cost, and amount of time required to go public by merging with a SPAC. Webinar discussing SPACs.
Chinese EV company CH-AUTO to go public via $1.7 bln SPAC deal
Chinese electric vehicle company CH-AUTO Technology Corp Ltd said on Monday it had agreed to go public with a U.S. blank-check firm in a deal valued at nearly $1.7 billion, including debt.
The SEC Proposes New Rules for Special Purpose Acquisition Companies
On March 30, 2022, the U.S. Securities and Exchange Commission (SEC) approved, by a 3-to-1 vote, a 372-page proposal of numerous rules regarding disclosures and procedural requirements for special purpose acquisition companies (SPACs).
A SPAC II Acquisition Corp. Announces Pricing of $185 Million Initial Public Offering
A SPAC II Acquisition Corp. (NASDAQ: ASCBU) (“A SPAC II” or the “Company”) announced the pricing of its initial public offering of 18,500,000 units at a price of $10.00 per unit.