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.
IPO Market Faces a Critical Juncture
With inflation fears weighing on stocks, investors have shifted away from tech, IPOs and SPACs.
Navitas Semiconductor to Go Public through SPAC Merger
Navitas Semiconductor, a GaN power IC provider, is set to go public in a special purpose acquisition company (SPAC) deal valued at over $1 billion.
Redbox Looks to Go Public Again in SPAC Deal
Who says the DVD is dead? Not DVD rental giant Redbox, which believes the discs not only have life to them, but also that they’d make a good investment.
IPOE Stock: The SoFi SPAC Merger News Boosting Palihapitiya’s Social Capital Today
Chamath Palihapitiya’s Social Capital Hedosophia Holdings V (NYSE:IPOE) has been a hot stock of late. Like other celebrity SPAC IPOs, investors have piled into IPOE stock in anticipation of what could turn out to be high-quality merger targets.
Koch Industries Accelerates Shift to Tech and Loads Up on SPACs
Spring Creek has also emerged as a significant player in the SPAC frenzy, investing in more than 250 special purpose acquisition companies sponsored by firms including Apollo Global Management Inc., Fortress Investment Group and TPG.
Yellowstone Acquisition Company To Restate 2020 Financial Statements To Address the Recent SEC Pronouncement on Accounting for Warrants Issued by Special Purpose Acquisition Companies
Yellowstone Acquisition Company announced that the company will restate its 2020 financial statements as filed in its Annual Report on Form 10-K to account for recent changes in accounting for warrants issued by SPACs.
SoftBank Vision Fund Considers Listing a $300 Million European Tech SPAC
SoftBank Group Corp., the technology dealmaker founded by billionaire Masayoshi Son, is considering listing a special purpose acquisition company in Europe, people with knowledge of the matter said.
Some big U.S. hedge funds bought value stocks, SPACs during first quarter
A number of well-known U.S. hedge funds bought value stocks and blank-check acquisition companies, selling some winners from the technology-led stock rally as bond yields rose during the first quarter, filings released on Monday showed.
D2C virtual health company Hims & Hers beats its Q4 expectations
Consumer telehealth and wellness brand Hims & Hers came out on top of its projections for the first quarter of 2021, according to its financial results report released today.
Ginkgo Bioworks Goes International Days After SPAC Announcement
Ginkgo Bioworks isn’t letting any grass grow under its feet. Just a week after inking a $2.5 billion pact to go public via the special purpose acquisition company Soaring Eagle Acquisition Corp. (SRNG, Financial), the Boston-based company is expanding overseas.
#TradeTalks: How is the industry is reacting to recent SEC accounting guidance related to SPACs?
Ellenoff Grossman & Schole Managing Partner Douglas Ellenoff; Nasdaq Global Head of SPAC Listings Eklavya Saraf join Jill Malandrino on #TradeTalks to discuss recent SEC accounting guidance related to SPACs and how the industry is reacting.
Why SPACs Could Shake Up the Home-Based Care M&A Environment
Currently, there are 28 new SPACs hitting the market on a weekly basis, according to Seeking Alpha. There have been hundreds of them created in just the last few years, and a bevy of those have expressed at least some interest in health care, according to Mark Kulik, the managing director of M&A advisory firm The Braff Group.
SPAC rumor mill churns over autonomous truck software developer Plus
Self-driving truck software startup Plus is reportedly in talks to merge with the same investor group that brought public electric vehicle startup Canoo Inc.
Buffett Explains Why SPAC Mania Won’t Go on Forever
At the Berkshire Hathaway annual meeting this weekend, Warren Buffett (Trades, Portfolio) explained how growing competition among SPAC funds for deals would lead to the industry’s demise.
‘SPACs Attack’ Recap: Looking Back At 5 SPAC Deals, Rumors And Top Headlines
The week kicked off with a large SPAC deal announced on Sunday, bringing a new global sports betting and online casino company public.
Deutsche Boerse expects 12 SPACs in Frankfurt in 2021
German stock market operator Deutsche Boerse DB1Gn.DE expects up to 12 listings of blank-cheque firms in Frankfurt in 2021, executive Peter Fricke told German business daily Handelsblatt.
Motion Acquisition Corp. and DocGo Announce DocGo’s Record Preliminary First Quarter 2021 Results
Motion Acquisition Corp. a publicly traded special purpose acquisition company, announced today that its merger partner Ambulnz, Inc., dba DocGo, a leading provider of last-mile telehealth and integrated medical mobility services, has disclosed select preliminary unaudited financial results for its first quarter ended March 31, 2021.
Enjoy Technology and Marquee Raine Acquisition Corp. Investor Presentation
The Investor Presentation for the Enjoy Technology and Marquee Raine Acquisition Corp. merger is available.