Electric vehicle maker Fisker Inc announced Thursday it has completed a reverse merger with the blank check company Spartan Energy Acquisition Corp SPAQ 0.11%.
Fisker to Debut Wednesday in Latest SPAC Blank Check Offering
Fisker will make its public debut on Wednesday in a so-called SPAC reverse merger with Spartan Energy Acquisition that will net it more than $1 billion in cash
Jim Cramer Vs. Chamath Palihapitiya: The SPAC War Hits Twitter
CNBC’s Jim Cramer has been bashing SPACs on Twitter and his show this week. That drew attention from the so-called SPAC King Chamath Palihapitiya.
The Rise Of SPACs
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.
Wall Street holds the cards as Main Street chases blank-check deal frenzy
BOSTON/NEW YORK (Reuters) – Josh Black was looking for the next lucrative deal after scoring a 500% profit in a…