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

Education Platform Nerdy To Go Public By Merging With SPAC

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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WeWork Could Merge With SPAC — Or Land Private Investment
WeWork Could Merge With SPAC — Or Land Private Investment
January 28, 2021  |  Investments

In a year in which over 80 new special purpose acquisition companies (SPACs) have made their debut, WeWork is in discussions to merge with a...

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SPACs On The Menu: Restaurant Industry Veterans Seek Solutions For Current Crisis
SPACs On The Menu: Restaurant Industry Veterans Seek Solutions For Current Crisis
January 20, 2021  |  Restaurant innovation

It was John Adams, second president of the U.S., who once said: “Every problem is an opportunity in disguise.” Apparently, Andy Pforzheimer and Dave Pace...

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Goldman CEO Says SPAC Explosion ‘Unsustainable’
Goldman CEO Says SPAC Explosion ‘Unsustainable’
January 19, 2021  |  Partnerships / Acquisitions

Goldman Sachs CEO David Solomon said he doesn’t think the current special purpose acquisition company (SPAC) boom is sustainable, the Financial Times (FT) reported. Get...

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Direct Listings And SPACs Change The Face of Public Offerings
Direct Listings And SPACs Change The Face of Public Offerings
December 27, 2020  |  IPO

There’s nothing new under the sun, goes the saying. There are just new ways to take it public. Get the Full Story Complete the form...

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Report: SoftBank Will File For SPAC
Report: SoftBank Will File For SPAC
December 20, 2020  |  IPO

SoftBank on Monday (Dec. 21) is planning to file for a special purpose acquisition company (SPAC) to raise as much as $600 million through an...

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What Might Stop the SPAC Train in its Tracks?
What Might Stop the SPAC Train in its Tracks?
December 17, 2020  |  Retail

And another SPAC comes to market. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

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Today In Payments: GoCardless Raises $95 Million; BarkBox To Go Public Via SPAC At $1.6 Billion Valuation
Today In Payments: GoCardless Raises $95 Million; BarkBox To Go Public Via SPAC At $1.6...
December 17, 2020  |  News

In today’s top news, GoCardless raised $95 million in a funding round, and BarkBox plans to go public via a special purpose acquisition company (SPAC)....

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SPACs Sparkled In 2020, But What Lies Ahead For Them?
SPACs Sparkled In 2020, But What Lies Ahead For Them?
December 07, 2020  |  IPO

It might be hard in the midst of roaring markets and headlines trumpeting Dow 30,000 to remember that one of 2020’s highest high-flyers has been...

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