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Tag: Lawsuits

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Posted on August 30, 2021August 30, 2021

49 Corporate Law Firms Trash SPACs-Are-Investment-Companies Lawsuits

A group of 49 corporate law firms has now issued a joint statement decrying the lawsuits and trashing the plaintiffs’ arguments that SPACs are investment companies merely because the SPACs invest their IPO proceeds in trust accounts while seeking a merger partner.

7 min to read
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Posted on February 16, 2021February 16, 2021

SPAC Flop Is Test Case for Disgruntled Investor Lawsuits

Shareholders try to hold blank-check company leaders accountable. Waitr Inc. never had the resources of rivals Grubhub Inc. and UberEats. Yet in November 2018 the online food ordering and delivery business went public through a merger with blank-check firm Landcadia Holdings Inc.

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#SPACs

spacherobot spacHero.com - SPAC Bot @spacherobot ·
4h

Completed #SPACs market cap/daily change (pre-market):

$BRDS 18M
$BOXD 6M
$VORB 3M
$FFIE 2M
$HLBZ 1M
$NOTE 657K
$PEAR 477K
$ADN 378K
$SOFI 282K
...$OPEN 270K

Interactive chart: http://www.spachero.com/heatmap/despac/
06:00:21 03/24/2023

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spacherobot spacHero.com - SPAC Bot @spacherobot ·
4h

de-#SPACs ranked by pre-market volume:

$BRDS 18M
$BOXD 6M
$VORB 3M
$FFIE 2M
$HLBZ 1M
$NOTE 657K
$PEAR 477K
$ADN 378K
$SOFI 282K
$OPEN 270K

...http://www.spachero.com/top50/despac #volume #SPAC
05:58:22 03/24/2023

Reply on Twitter 1639250302280044545 Retweet on Twitter 1639250302280044545 Like on Twitter 1639250302280044545 Twitter 1639250302280044545
spacherobot spacHero.com - SPAC Bot @spacherobot ·
4h

#SPACs ranked by volume (pre-market):

$ALTU 24K
$DHHC 9K
$JMAC 2K
$ALCC 325
$DWAC 250
$TETC 230
$FACT 100
$SPKB 100
$SCAQ 100
$SLCR 0

...http://www.spacHero.com #volume
05:50:15 03/24/2023

Reply on Twitter 1639248259351998467 Retweet on Twitter 1639248259351998467 Like on Twitter 1639248259351998467 Twitter 1639248259351998467
spacherobot spacHero.com - SPAC Bot @spacherobot ·
21h

Completed #SPACs market cap/daily change (market live):

$BOXD 183M
$FFIE 76M
$OPEN 35M
$NOTE 34M
$ADN 32M
$SOFI 31M
$NKLA 17M
$BRDS 17M
$DNA 14M
...$GOEV 14M

Interactive chart: http://www.spachero.com/heatmap/despac/
12:59:23 03/23/2023

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