It seems safe to say that the halcyon days of the blank check company are behind us. 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...
Groups representing the U.S. financial industry are trying to get the federal Securities and Exchange Commission to dilute proposed new regulations that would govern special purpose acquisition companies that industry representatives say could kill SPACs altogether, Reuters reported. Get the Full Story Complete the form...
Israeli digital freight booking and payment platform Freightos will go public through a merger with special purpose acquisition corporation (SPAC) Gesher Acquisition, the companies announced Tuesday (May 31). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
U.S. Sen. Elizabeth Warren (D-Mass.) is planning to introduce a bill aimed at curbing abuses and losses in deals surrounding special purpose acquisition companies (SPACs) that builds on March guidelines from the Security and Exchange Commission (SEC). Get the Full Story Complete the form to...
Less than 18 months ago, special purpose acquisition companies (SPACs) were the hottest thing that everyone touted, with former NBA star Shaquille O’Neal having one, as well as tennis professional Serena Williams and ex-MLB great Alex Rodriguez, among others. Get the Full Story Complete the...
Smart car tech startup ECARX said it is going public through a special purpose acquisition company merger that values the firm at $3.8 billion. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
Corporate restatements reached a 15-year high last year as hundreds of special purpose acquisition companies (SPACs) were instructed to fix multiple rounds of pervasive accounting errors, Financial Times reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
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 PYMNTS and...
Digital car-sharing marketplace Getaround is going public through a special purpose acquisition company (SPAC) deal with InterPrivate II Acquisition Corp., with a combined value of $1.2 billion, according to a joint press release Wednesday (May 11). Get the Full Story Complete the form to unlock...
