Mapbox with headquarters in San Francisco is involved in talks with the SVF Investment Corp 3 to become public, as per Sky News’ reports.
The allure of blank check companies is spreading beyond the U.S., with a host of European business tycoons now plotting deals. Listing a so-called special purpose acquisition company, or SPAC, has been the go-to method for wealthy Americans to raise money for takeovers this year.
nvestment banks know a fee opportunity when they see it. And this year, the big opportunity has been offerings of special purpose acquisition companies, which list shares on the public market with the intention of buying another business later.
SPACs are just getting started The “blank check” acquisition funds known as special purpose acquisition companies, or SPACs, have raised more…