Venture capital company Forward Partners is joining Draper Esprit and Augmentum in opening early-stage funding rounds and public offerings to individual investors via the PrimaryBid platform, the Financial Times reported on Friday (June 25) citing sources. London-headquartered Forward Partners is including individual investors in an upcoming...
Psst. We’ve got a “hot tip” for you. The kind that, on Wall Street, promises riches and rewards. Want to ride the market to the moon? Pick your winners. And to pick your winners, pick the meme stocks. Not the AMCs and the GameStops of the world — they’re...
The Archegos Capital Management scandal that hit some of the world’s biggest banks with losses topping $10 billion is also affecting the market for special purpose acquisition companies (SPACs), the Financial Times reported on Friday (May 28). As a result of the fallout of the collapse of the investment...
Special purpose acquisition companies (SPACs) can now trade on the Tel Aviv Stock Exchange (TASE) following new regulations established by the Israel Securities Authority (ISA), Reuters reported on Monday (May 24). ISA Chairwoman Anat Guetta said the rules are intended to help protect investors while also giving local startups...
Investors are now going soft on Ant Group, once valued in excess of $300 billion, following stricter Chinese regulations and the cancellation of its November 2020 initial public offering (IPO) by the government, The Wall Street Journal reported on Monday (May 3). Overall, global investors have now...
In Warren Buffett’s opinion, there’s a new streak of gambling-esque activity going on with the stock market, which he said is fueled by apps like Robinhood, CNBC reported. Speaking at Berkshire Hathaway’s annual meeting, Buffett said there has been “a very significant part of the...
In investing, variations on a theme work only so long as the theme works. And one theme that has worked in the pandemic era has been the “stay at home” play. It’s a pivot on Wall Street that has boosted the equities of firms that get...
New guidance from the Securities and Exchange Commission (SEC) has special purpose acquisition companies (SPACs) scrambling to add explanatory information to filing statements, Bloomberg reported on Friday (April 23). Social Capital Hedosophia Holdings Corp, a SPAC from venture capitalist investor Chamath Palihapitiya, is one of the filings this week...
It seems like only yesterday global mergers and acquisitions were having their best of times in four decades — with deals of around $1.3 trillion. Providing a big boost in the first quarter of 2021 was the boom in special purpose acquisition companies (SPACs). While...
