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

Travel Platform Mondee May Go Public in $1B SPAC Merger

Travel Platform Mondee May Go Public in $1B SPAC Merger
Travel Platform Mondee May Go Public in $1B SPAC Merger
December 19, 2021  |  Travel Payments

Mondee, which works on connecting travel agents with airlines, is on track to close a deal with a SPAC to go public at a value...

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Platform Businesses Dominate End of Year SPAC, IPO Activity
Platform Businesses Dominate End of Year SPAC, IPO Activity
December 17, 2021  |  IPO

We’re at the very tail end of 2021, and depending on where — and when — you look, the SPAC sector is either dead or...

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Neobank Dave Inc. Targets Acquisitions, Crypto With SPAC Windfall
Neobank Dave Inc. Targets Acquisitions, Crypto With SPAC Windfall
December 13, 2021  |  SPAC

Personal finance startup Dave Inc. will use $450 million it’s expected to raise in its upcoming initial public offering (IPO) to make acquisitions, launch new...

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Payments Platform Corcentric Valued at $1.2B in SPAC Merger
Payments Platform Corcentric Valued at $1.2B in SPAC Merger
December 10, 2021  |  SPAC

The B2B commerce solutions platform Corcentric is set to go public in a special purpose acquisition company merger that will value the firm at $1.2...

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Gensler Seeks SPAC Investor Protection Recommendations From SEC Staff
Gensler Seeks SPAC Investor Protection Recommendations From SEC Staff
December 09, 2021  |  SPAC

Securities and Exchange Commission (SEC) Chair Gary Gensler seems poised to start regulating blank check companies with a new spate of cases against them from...

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Amex Global Business Travel to Go Public in SPAC Deal
Amex Global Business Travel to Go Public in SPAC Deal
December 03, 2021  |  SPAC

American Express Global Business Travel is getting ready to list on the New York Stock Exchange through a business combination deal with special purpose acquisition...

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CompoSecure to Go Public via SPAC Merger With Roman DBDR
CompoSecure to Go Public via SPAC Merger With Roman DBDR
November 30, 2021  |  SPAC

Roman DBDR, a special purpose acquisition company (SPAC), has announced Dec. 23 as the date for considering a business combination with CompoSecure to take it...

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Grab Readies for Dec. 2 Nasdaq Opening
Grab Readies for Dec. 2 Nasdaq Opening
November 30, 2021  |  SPAC

Delivery giant and superapp Grab is getting ready to make its Nasdaq debut under the ticker GRAB on Thursday (Dec. 2) during a livestreamed bell-ringing...

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