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

Indian Online Supermarket Grofers Eyes Going Public Via SPAC

Indian Online Supermarket Grofers Eyes Going Public Via SPAC
Indian Online Supermarket Grofers Eyes Going Public Via SPAC
February 11, 2021  |  Investments

Grofers, an Indian online grocer, is looking at taking itself public in the U.S. by merging with a blank-check company. Such a move would be...

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SPAC Led By Rocket Internet Co-Founder Files For IPO In $250 Million Deal
SPAC Led By Rocket Internet Co-Founder Files For IPO In $250 Million Deal
February 10, 2021  |  IPO

Rocket Internet Growth Opportunities Corp., a blank-check company whose management team includes members of Rocket Internet’s leadership, plans to go public on the New York...

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Will SPACs Become The Hottest New Celebrity Investing Trend?
Will SPACs Become The Hottest New Celebrity Investing Trend?
February 05, 2021  |  Investments

The celebrity SPAC line-up just got a high-profile new player — a quite literal heavy-hitter. Former Yankees all-star third baseman Alex Rodriguez is throwing his...

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Payoneer Set To Go Public In $3.3 Billion Merger With Blank-Check Company
Payoneer Set To Go Public In $3.3 Billion Merger With Blank-Check Company
February 03, 2021  |  IPO

Payments provider Payoneer has agreed to become a public company through a merger with a “blank check” company, FTAC Olympus Acquisition Corp., Bloomberg reported. The...

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Porch Leverages IPO To Bring Digital Technology To Homebuying
Porch Leverages IPO To Bring Digital Technology To Homebuying
February 03, 2021  |  Real Estate

Relocating one’s living quarters can be a great life event (new house) or a devastating one (foreclosure). During the pandemic, Pew Research Center found that...

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Bill Me Later Co-Founders Launch Deep Lake Capital SPAC For FinTech Deals
Bill Me Later Co-Founders Launch Deep Lake Capital SPAC For FinTech Deals
February 03, 2021  |  IPO

Talk about credentials. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

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SPACs Now Eyeing Asia For Merger Deals
SPACs Now Eyeing Asia For Merger Deals
February 01, 2021  |  IPO

Special purpose acquisition companies, or SPACs, are now eyeing the Asian market for merger deals as they compete to finalize deals before their initial public...

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Simon Property Group, Wheels Up Get In On The SPAC Action
Simon Property Group, Wheels Up Get In On The SPAC Action
February 01, 2021  |  IPO

New year – and on Wall Street, perhaps the same bubble forming. Get the Full Story Complete the form to unlock this article and enjoy...

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Education Platform Nerdy To Go Public By Merging With SPAC
Education Platform Nerdy To Go Public By Merging With SPAC
January 29, 2021  |  IPO

Education gig economy platform Nerdy Inc. has struck a deal to go public by merging with TPG Pace Tech Opportunities, a special purpose acquisition company...

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