SPAC

SPAC
Crypto SPACs Are Setting the Standard
March 23, 2022

Coincheck this week became the 10th cryptocurrency firm to agree to a reverse merger with a special purpose acquisition company (SPAC) since last year, while stablecoin platform Circle and mining companies BitFuFu and Bitdeer hope to go public this year, according to a Bloomberg report....

SPAC
Japanese Crypto Exchange Coincheck Plans $1.3B SPAC
March 23, 2022

Japanese cryptocurrency exchange Coincheck is preparing to go public on the Nasdaq via a special purpose acquisition company (SPAC) merger worth $1.3 billion, Bloomberg reported Wednesday (March 23). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

SPAC
SPAC Efforts to Keep Investors Aboard May Not Be Enough to Calm Turbulence
March 21, 2022

In the land of special purpose acquisition companies (SPACs), turbulence lies ahead. 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...

SPAC
Hong Kong Markets See First SPAC Deal
March 18, 2022

The Hong Kong market saw its first special purpose acquisition company (SPAC) deal close Friday (March 18), with several more on their way. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

SPAC
Chinese Startups’ SPAC Listings on Hold
March 10, 2022

Chinese startups on track to go public with blank-check firms are facing challenges as Beijing tightens scrutiny on overseas investors, executives told Reuters. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

SPAC
SPACs Turn to Alternative Funding as Investor Cash Dries Up
March 07, 2022

Dealmakers looking at taking companies public through special purpose acquisition company (SPAC) mergers are having trouble finding investors, and have been making short-term agreements with alternative asset managers and private equity groups, Financial Times reported Monday (March 7). Get the Full Story Complete the form...

SPAC
$1B SPAC Deal Could Be on the Table for Beauty Software Startup Perfect
March 03, 2022

Beauty software-as-a-service (SaaS) startup Perfect Corp. is mulling an initial public offering (IPO) via a merger with special purpose acquisition company (SPAC) Provident Acquisition Corp., Bloomberg reported on Thursday (March 3), citing sources with insider information. Get the Full Story Complete the form to unlock...

SPAC
Data: Half of SPAC Startups With Less Than $10M in Revenue Failed to Meet 2021...
February 27, 2022

Startups have not been doing as well as had been advertised, with a Friday (Feb. 25) Wall Street Journal report finding that several of them stand to miss their revenue targets by huge amounts. Get the Full Story Complete the form to unlock this article...

SPAC
Circle Valued at $9B Following New SPAC Agreement
February 17, 2022

USD Coin issuer Circle has formed a new agreement with special purpose acquisition company (SPAC) Concord Acquisition Corp. that values Circle at $9 billion. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...