With inflation fears weighing on stocks, investors have shifted away from tech, IPOs and SPACs.
Regulators Step Up Scrutiny of SPACs With New View on Warrants
Some special-purpose acquisition companies have improperly accounted for warrants sold or given to investors, securities regulators said Monday, stepping up scrutiny of the popular vehicles.
Sports Stars Think They Got Game in SPAC Arena
Blank-check companies are a new favorite pastime for current or retired pro athletes, but investors shouldn’t necessarily spring for courtside tickets
Billionaire Bill Foley Is SPAC Market’s Overlooked Star
Fast-trading, social-media-obsessed investors have driven the special-purpose acquisition company craze. One of the biggest SPAC creators is a staid insurance executive who wants nothing to do with them.
Axios, The Athletic Discuss Merger, Eyeing SPAC Deal: Report
Two digital media publishers are in talks to merge and explore going public via SPAC in a consolidation move in a fragmented market.
Rumor: Shutterfly in Talks to Go Public Through SPAC Merger
Shutterfly Inc. is in talks to go public through a merger with a blank-check company, according to people familiar with the matter, less than two years after Apollo Global Management Inc. took the online-photo-book maker private.
SPAC Frenzy Emboldens Silicon Valley Startups to Forgo Venture Funding: Report
California aerospace startup Archer Aviation Inc. has a multibillion-dollar vision of flying people around town in autonomous electric helicopter-like vehicles. It doesn’t have revenue or a vehicle ready for passengers, but that hasn’t slowed the three-year-old company.
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…