A new fundraising frenzy that swept Wall Street this year looks set to take hold in Asia with more than a dozen special purpose acquisition companies, or SPACs, on the hunt for fast-growing technology firms that are ready to go public.
A record 12 new SPACs filed offerings on Friday, Dec. 18. Here is a summary on the new offerings and what investors can expect.
Last week saw a flurry of activity in the SPAC world with several deals announced, merger vote dates and a new SPAC ETF.
SoftBank Group Corp. plans to file Monday to raise at least $500 million through a blank-check company, a person familiar with the situation said, tapping investor enthusiasm for the controversial listing vehicles.
This year has seen an incredible increase in interest surrounding special purpose acquisition companies (SPACs). In fact, many companies have come to the market via this path. These companies do not have operations, but instead exist to raise capital via an initial public offering (IPO) to fund the company they merge with.
Barkbox, Inc. (“BARK” or the “Company”), a leading global omni-channel brand for dogs, and Northern Star Acquisition Corp. (“Northern Star”) (NYSE: STIC.U).
SPAC Investigations LLC, a newly formed company, today announces the launch of its independent investigative research services for special purpose acquisition company (SPAC) investors.
Pershing Square Tontine Holdings Ltd (NYSE:PSTH) has bucked the trend of most SPACs (Special Purpose Acquisition Corp.), both in terms of the type of deal it’s looking to make and its size.
Indonesian e-commerce platform Tokopedia has confirmed that it is working towards an initial public offering.
Equity Commonwealth (NYSE: EQC) is a cash box trading for ~90 cents on the dollar. With ~$3 billion in cash, $25 million in debt, four office properties, and grave dancer Sam Zell at the helm
Bridgetown Holdings Ltd., the blank-check company backed by billionaires Richard Li and Peter Thiel, is considering a potential merger with Indonesia’s e-commerce giant PT Tokopedia, according to people with knowledge of the matter.
SPACs have been coming to market fast and furiously through 2020. Yahoo! Finance looks at the latest to come to market, Blade, a helicopter company that specialized in rides from airports to city centers.
Churchill Capital Corp V, the fifth blank check company founded by dealmaker and former Citi executive Michael Klein, raised $450 million by offering 45 million units at $10.
indie Semiconductor, a next generation automotive semiconductor and software innovator, and Thunder Bridge Acquisition II, Ltd.
Blank-check companies looking for deals could lead to $300 billion in mergers and acquisitions over the next two years, according to Goldman Sachs Group Inc.
Did you miss the SPAC merger news this week? Here are the top 13 stories you need to know.
Electric Last Mile Solutions (ELMS) said on Friday it has agreed to go public through a reverse merger with blank-check company Forum Merger III Corp in a deal that values the U.S. electric commercial vehicle maker at $1.4 billion.
EV charging leader EVBox is the latest electric vehicle related company planning to go public. It intends to do so through TPG Pace Beneficial Finance (NYSE: TPGY.U, TPGY, TPGY WS).
Lightning eMotors, a Loveland-based developer and manufacturer of electric powertrains, is going public on the New York Stock Exchange next year.
Accidents happen, they’re a reality of life. For most people, they involve a broken dish or a bounced check.