Curated SPACs News
Pershing Square Holdings is a closed-end fund trading in London and Amsterdam.
It trades at a 28.5% discount to net asset value, which is a lot in a relative and absolute sense.
The fund has exposure to sponsorship warrants in the largest SPAC in history that are likely undervalued on its book.
SPACs used to be a small segment of the market, but elite law firms have flocked to the sector in 2020. They stand to make…
Short-term rental giant Airbnb has said “thanks, but no thanks” — at least for now — to a proposal to go public by merging with billionaire Bill Ackman’s special purpose acquisition company (SPAC).
Hello and welcome back to Equity, TechCrunch’s venture capital-focused podcast (now on Twitter!), where we unpack the numbers behind the headlines. What happens when the entire…