SPAC

A special purpose acquisition company, also known as a "blank check company" is a shell corporation listed on a stock exchange with the purpose of acquiring a private company, thus making it public without going through the traditional initial public offering process.

Source: en.wikipedia.org

Today in Food Commerce: Restaurants See Regional Digital Ordering Differences; Westrock Coffee to Go Public

Today in Food Commerce: Restaurants See Regional Digital Ordering Differences; Westrock Coffee to Go Public
Today in Food Commerce: Restaurants See Regional Digital Ordering Differences; Westrock Coffee to Go Public
April 04, 2022  |  Commerce

Today in food commerce, PYMNTS data reveal how consumers’ food ordering behaviors vary by region, while coffee company Westrock Coffee gears up to go public...

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Westrock Coffee Looks to Emulate Antecedents’ Public Offering Success With $1.1B SPAC Merger
Westrock Coffee Looks to Emulate Antecedents’ Public Offering Success With $1.1B SPAC Merger
April 04, 2022  |  SPAC

After multiple coffee companies saw success hitting the public market in recent months, Westrock Coffee is joining the fray. The North Little Rock, Arkansas-based brand,...

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Today in Retail: Birkenstock Tries to Eliminate Copycats; Off-White Accepts Crypto
Today in Retail: Birkenstock Tries to Eliminate Copycats; Off-White Accepts Crypto
April 04, 2022  |  Retail

Today in retail, Birkenstock pressures retailers not to stock look-alikes, while Off-White accepts cryptocurrency payments. Plus, 3D and augmented reality tools are boosting sales and...

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Hypebeast’s Star-Studded SPAC Deal Set to Roil Sneaker and Streetwear Markets
Hypebeast’s Star-Studded SPAC Deal Set to Roil Sneaker and Streetwear Markets
April 04, 2022  |  Retail

Even if you have no interest in sneaker culture or the red-hot streetwear trend that is simultaneously dominating the fashion, apparel, footwear industries, it’s probably...

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Global M&As Crushed Under Weight of Inflation, Regulation, War
Global M&As Crushed Under Weight of Inflation, Regulation, War
April 01, 2022  |  Partnerships

Worldwide mergers and acquisitions (M&As) have been crushed under the weight of escalating inflation, tightening regulations and the ongoing war in Ukraine, with dealmaking down...

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SEC’s Disclosure Rules Point to Chilling Effect for SPACs
SEC’s Disclosure Rules Point to Chilling Effect for SPACs
March 30, 2022  |  SPAC

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). But...

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SEC: Investors Can Sue Over Inaccurate SPAC Forecasts
SEC: Investors Can Sue Over Inaccurate SPAC Forecasts
March 29, 2022  |  SPAC

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...

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Today in Data: Cryptocurrency Gains Acceptance, Suffers Rejection
Today in Data: Cryptocurrency Gains Acceptance, Suffers Rejection
March 24, 2022  |  Today In Data

Today in data, Japanese cryptocurrency exchange Coincheck is planning a $1.3 billion special purpose acquisition company (SPAC) merger. Plus, Thailand has banned the use of...

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