SPAC

SPAC
SPAC Investors Prepare for Surge in Liquidations
September 04, 2022

Investors who put funds into blank check companies will likely see a liquidity boost of more than $75 billion in the next six months, as special purpose acquisition companies (SPACs) that went public during the listings boom will probably have to return their cash. Get...

SPAC
Covalto to Become 1st Mexican FinTech on US Stock Market
August 18, 2022

Mexican digital banking platform Covalto is planning to go public via a special purpose acquisition company (SPAC) merger, a move that would make it the first Mexican FinTech to trade on the United States markets. Get the Full Story Complete the form to unlock this...

SPAC
Plastiq CEO: Capital From SPAC Deal Offers ‘Prudent’ Strategic Advantage
August 18, 2022

Not all that long ago, capital was a commodity, Eliot Buchanan, CEO of B2B payments platform Plastiq, told Karen Webster. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

SPAC
Payments SPACs Face Reckoning as Clock Runs Out on Investment Deadlines
August 16, 2022

Tick. Tock. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing this form, you agree to receive marketing communications from...

SPAC
Signs of Life but No Renaissance for Payments SPACs
August 05, 2022

In payments, the rebound in SPAC listings — if we can call it that — will likely be a short one. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

SPAC
FinTech Seamless Group to Become Publicly Traded via SPAC, Expand Globally
August 04, 2022

Global FinTech platform Seamless Group will become publicly traded through a combination with special purpose acquisition company (SPAC) INFINT Acquisition Corp., the two companies announced in a Thursday (Aug. 4) press release.  Get the Full Story Complete the form to unlock this article and enjoy...

SPAC
Plastiq Plans SPAC Merger With Colonnade in Move to Go Public
August 04, 2022

Plastiq, a B2B payments platform that empowers the small- to medium-sized business (SMB) economy, is planning to go public via a merger with Colonnade Acquisition Corp. II, a special purpose acquisition company (SPAC). Get the Full Story Complete the form to unlock this article and...

SPAC
eToro, FinTech V Cancel SPAC Merger Deal
July 05, 2022

Social investing network eToro Group and the special purpose acquisition company (SPAC) FinTech Acquisition Corp. V (FinTech V) have decided to call off their planned merger for an initial public offering (IPO), according to a Tuesday (July 5) press release. Get the Full Story Complete...

SPAC
Report: Blockchain Payments Firm Roxe Close to $3.6B SPAC Merger
June 21, 2022

Roxe Holdings, a blockchain-based payment company, is close to going public with a special purpose acquisition company (SPAC) merger, according to a Reuters report Tuesday (June 21) that cited sources familiar with the matter. Get the Full Story Complete the form to unlock this article...