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

Black Rifle Coffee Aims to Go Public in $1.7B SPAC Merger

Black Rifle Coffee Aims to Go Public in $1.7B SPAC Merger
Black Rifle Coffee Aims to Go Public in $1.7B SPAC Merger
November 02, 2021  |  SPAC

Veteran-focused Black Rifle Coffee Co. is preparing to go public through a special purpose acquisition company (SPAC) merger that would value Black Rifle at $1.7...

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Goldman Sachs Aims to Create SPAC ‘Franchise’
Goldman Sachs Aims to Create SPAC ‘Franchise’
October 21, 2021  |  SPAC

Goldman Sachs has just closed its second billion-dollar special purpose acquisition (SPAC) company deal, with the nuclear measurement and analytics firm Mirion Technologies debuting on...

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Bakkt to Take Digital Asset Network Public on NYSE
Bakkt to Take Digital Asset Network Public on NYSE
October 17, 2021  |  IPO

Digital asset marketplace Bakkt is going public via a special purpose acquisition company (SPAC) on the New York Stock Exchange (NYSE) Monday (Oct. 18), Decrypt...

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‘Traditional’ IPOs Dominate the Week’s Activity  
‘Traditional’ IPOs Dominate the Week’s Activity  
October 15, 2021  |  IPO

Through the past week, what might be termed “traditional” initial public offering (IPO) announcements seemed to dominate the headlines, with relatively fewer SPAC-related announcements. Banking-related...

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Amazon Aggregator Thrasio Cancels SPAC Plans Amid Leadership Shakeup
Amazon Aggregator Thrasio Cancels SPAC Plans Amid Leadership Shakeup
October 09, 2021  |  SPAC

Thrasio, a consumer goods company working on omnichannel commerce and an aggregator of third-party Amazon sellers, is pushing off its special-purpose acquisition company (SPAC) merger...

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SEC’s Gensler Says Crypto, SPACs Need ‘Investor Protections’
SEC’s Gensler Says Crypto, SPACs Need ‘Investor Protections’
October 05, 2021  |  Cryptocurrency

Securities and Exchange Commission (SEC) Chairman Gary Gensler has confirmed in a hearing that the U.S. isn’t looking to ban cryptocurrencies, but he said he...

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SPAC Frenzy Fizzles as Redemptions Surge
SPAC Frenzy Fizzles as Redemptions Surge
September 27, 2021  |  SPAC

Redemption rates are rising on investments in special-purpose acquisition companies (SPACs), a sign that taking startups public this way has seen its heyday, Financial Times...

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Traditional IPOs, Including B2B Services Firms, Dominate Market Activity
Traditional IPOs, Including B2B Services Firms, Dominate Market Activity
September 24, 2021  |  IPO

Traditional listings – initial public offerings (IPOs), that is – have dominated the markets in recent days. And the PYMNTS IPO/SPAC Tracker shows that work-related...

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