A federal criminal investigation into former President Donald Trump’s media company Trump Media has expanded to include potential money laundering violations linked to an $8 million loan with Russian ties, the Guardian reported Wednesday, potentially further threatening the ex-president’s media company and its planned merger with special purpose acquisition company Digital World Acquisition Corp (DWAC).
Smart-lock startup Latch began trading Monday through a SPAC listing that raised $453 million and values the company at over $1.5 billion. The shares, issued through a special purpose acquisition vehicle run by Tishman Speyer Properties, rose 4% on the first day of trading.
The week kicked off with a large SPAC deal announced on Sunday, bringing a new global sports betting and online casino company public.
Business news and information publisher Forbes Media LLC is in talks to go public through a merger with a special purpose acquisition company (SPAC) as it attracts new acquisition interest, people familiar with the matter said on Thursday.
During Phyllis Newhouse’s 22-year career in the military, the cybersecurity expert took a two-week class in networking at the U.S. Army Senior Leadership Academy. The test at the end of the course was a doozy: Every officer was required to know and explain the ways in which her 100 classmates connected to each other.
How hedge fund traders known as the SPAC Mafia are driving an $80 billion investment boom with a no-lose trade.
Sam Zell is one of the legendary investors of his generation, known for his love of dealmaking, gold chains, and telling it like it is.
Yesterday, as my wife and I were doing a biweekly Target-run, I was attracted to an end-cap display, looking very much like a new Target private label brand. Its simplicity, and elegantly designed packaging, great presentation, along with the slightly cheeky name Hims & Hers looked very on-brand for Target. Make no mistake, it is not theirs.
One of the very interesting topics Directors are hearing about is a liquidity structure called a SPAC (Special Purpose Acquisition Company). As Directors get invited to join Boards of SPACs or do their diligence if a SPAC is right for their private company, I share some information I think will be helpful.
Former Goldman Sachs president and economic adviser to President Trump Gary Cohn is the latest high profile figure on Wall…
SPACs, Direct Listings, Dutch Auctions, Crowdfunding, Private Stock Trading Platforms I bet you have recently read a lot about Special…