Digital advertising company Minute Media is working with Goldman Sachs Group Inc. on a plan to go public as soon as this year, according to people familiar with the matter.
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.
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.
A spinoff and overseas listing of its new division can help build credibility as a reliable partner.
Super Group is to combine with Sports Entertainment Acquisition Corp. to create a New York Stock Exchange-listed global gaming company, according to a statement.
An SEC warning about SPAC accounting errors has not only chilled the red-hot market but triggered the first of what could be a flood of financial restatements by the popular blank-check companies.
Just as Chamath Palihapitiya was the face of the SPAC frenzy that gripped financial markets at the start of the year, he is today the face of the bust.
Inspirato, a startup specializing in luxury travel, is in talks to go public through a merger with a special purpose acquisition company in a deal valued at more than $1 billion, according to people with knowledge of the matter.
The U.S. Securities and Exchange Commission has a fresh warning for the booming SPAC market: Blank-check companies aren’t an end-around to avoid disclosing key information to investors.
Ajay Shah, head of technology investment banking at Deutsche Bank AG, discusses the booming popularity of special purpose acquisition companies (SPACs).
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.
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.
Kevin Hartz, co-founder and chairman at Eventbrite Inc, discusses the boom in the SPACs, with Bloomberg’s Emily Chang.
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.”
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.
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 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.
Vivid Seats, a digital ticketing marketplace that competes with StubHub, is in advanced talks to go public via a merger with Horizon Acquisition Corp., a blank-check firm led by Todd Boehly, according to people with knowledge of the matter.
Vista Equity Partners’ negotiations to merge three of its companies with acquisition firm Apollo Strategic Growth Capital in a $15 billion transaction have been halted.
The craze for blank-check listings is helping Deutsche Bank AG make a comeback in the IPO world.