Special purpose acquisition companies (SPACs) are all the rage on Wall Street. And analysts seem to be split as to whether it’s all froth or an innovative financing vehicle. For the FinTechs that are choosing to go the SPAC route, the latter mindset prevails. Get...
Stock trading app Robinhood, which soared to popularity during the pandemic as home-bound young users embraced its low trading costs and game-like interface, will go public on the Nasdaq exchange, CNBC reported. Get the Full Story Complete the form to unlock this article and enjoy...
Brazilian companies have 45 initial public offering (IPO) plans awaiting regulators’ approval, Reuters reported, in what the news service stated is an indication potential government economic intervention has yet to cool the sector. Get the Full Story Complete the form to unlock this article and...
Online events provider Looped has raised $7.7 million in a seed funding round for its interactive virtual venue platform, according to a press release emailed to PYMNTS. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
Online second-hand retailer ThredUP has officially filed for its initial public offering (IPO) with the Securities and Exchange Commission (SEC). How many shares and their price in the offering of Class A common stock remain unknown thus far. But what is known is that ThredUP will list...
Deliveroo said it is planning to file for a public listing in London with a time-limited, dual-class share structure, which would enable Will Shu, the company’s U.S.-born co-founder and chief executive officer, to retain control. Get the Full Story Complete the form to unlock this...
Virtual events provider Hopin has raised $400 million in a Series C funding round, the company announced on Thursday (March 4), valuing the platform at $5.65 billion. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
Home insurance group Hippo Enterprises Inc. plans to go public by merging with special purpose acquisition company (SPAC) Reinvent Technology Partners Z, according to a Thursday (March 4) announcement. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
The only sure things in life, they say, are death and taxes. And maybe the parade of continued special purpose acquisition companies (SPACs) – at least so far as the horizon stretches out before us. Get the Full Story Complete the form to unlock this...