Raising special purpose acquisition companies is en vogue in the COVID-19 economy. From venture capitalist Chamath Palihapitiya to footballer-turned-activist Colin Kaepernick to former House Speaker Paul Ryan, it seems like everyone is taking part in this new variant of initial public offerings.
Billionaire Richard Branson to raise $400 million for new SPAC as it looks to expand its Virgin empire
Billionaire Richard Branson, who is founder of the Virgin Group has joined the “blank-check” frenzy and is looking to raise $400 million to fund a possible takeover.
S-1/A – Executive Network Partnering Corp
Filed: 2020-09-14 AccNo: 0001193125-20-245008 Source: SEC Filings – S-1/A – Executive Network Partnering Corp (0001816261) (Filer)
Surge in ‘Blank Check’ Companies Keeps SPAC Specialists Busy
What do former Speaker of the House Paul Ryan, one-time Trump chief economic adviser Gary Cohn, and Oakland A’s executive vice president Billy Beane have in common?
SPACs Are The Hot Investment Trend For 2020, Should You Participate?
One pronounced trend for 2020 is the growth of funds flowing to Special Purpose Acquisition Companies (SPACs), sometimes called blank-check companies. SPACs have raised over…
DraftKings CEO sounds alarm on SPAC market: ‘Hopefully the market settles down a little bit there’
The SPAC market may be getting frothy.
Just like in entertainment, when network executives copycat a hit show format until the market is saturated, investors are flooding the market with special purpose acquisition companies, or SPACs, to scout private companies to take them public.
DealBook: The Urge to Reverse Merge
SPACs are just getting started The “blank check” acquisition funds known as special purpose acquisition companies, or SPACs, have raised more than $30 billion so far this…
No parties allowed at the Airbnb IPO
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…
Former House Speaker Paul Ryan Starts Blank-Check Company
Paul Ryan, the consummate Washington negotiator, is trying his hand at another kind of deal making, jumping into the rush on Wall Street toward blank-check…