Gay dating app Grindr is going public through a merger with a special purpose acquisition company (SPAC) firm that would value the company at $2.1 billion, Reuters wrote Tuesday (May 10). Get the Full Story Complete the form to unlock this article and enjoy unlimited...
Goldman Sachs has paused new special purpose acquisition company (SPAC) offerings, which has added more complications to the lagging market as regulators turn a more critical eye on it, the Financial Times reported Monday (May 9). Get the Full Story Complete the form to unlock...
The CFA Institute, the organization for investment professionals, is telling regulators to tighten disclosure requirements for SPAC sponsors, the Financial Times reported Sunday (May 8). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
Investment firm Navigation Capital Partners has canceled plans for four new special purpose acquisition companies (SPACs) in less than 24 hours, part of a trend of investors souring on blank check companies. Get the Full Story Complete the form to unlock this article and enjoy...
Citigroup is temporarily pulling the plug on public offerings with special purpose acquisition companies (SPACs) until it gets legal clarity about proposed legislation and what that could mean as far as associated risks, Bloomberg reported on Tuesday (April 5), citing sources with insider information. Get...
After multiple coffee companies saw success hitting the public market in recent months, Westrock Coffee is joining the fray. 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...
New rules proposed by the Securities and Exchange Commission (SEC) governing disclosure won’t necessarily sound the death knell for special purpose acquisition companies (SPACs). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
Special purpose acquisition company (SPAC) sponsors embellishing projections about the companies they’re taking public might be seeing harsher ramifications soon, according to a Tuesday (March 29) Bloomberg report. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
New directives governing special purpose acquisition companies (SPACs) could be recommended by the U.S. Securities and Exchange Commission (SEC) at its open meeting on Wednesday (March 30). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
