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

FinTech SPAC Activity Heats Up

FinTech SPAC Activity Heats Up
FinTech SPAC Activity Heats Up
August 20, 2021  |  IPO

FinTech-related special purpose acquisition company (SPAC) activity got a bit of a rebound this past week — specifically, targeting banking services and products, where new...

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SPAC-Bound Green Banking Startup Aspiration Bets On Conscientious Consumer Demand
SPAC-Bound Green Banking Startup Aspiration Bets On Conscientious Consumer Demand
August 19, 2021  |  Banking

Long before its SPAC announcement on Wednesday (Aug. 18), green banking startup Aspiration was making waves in the FinTech space, with its ESG-friendly business plan...

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With SPAC Listing Complete, HotelPlanner CEO Turns To Rebound In Luxury And Leisure Travel
With SPAC Listing Complete, HotelPlanner CEO Turns To Rebound In Luxury And Leisure Travel
August 18, 2021  |  Travel Payments

Travel will rebound beyond the current pandemic and beyond the delta variant — but it’s going to look different. In an interview with Karen Webster,...

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Forbes Media Could Soon Go Public Through SPAC Deal
Forbes Media Could Soon Go Public Through SPAC Deal
August 17, 2021  |  IPO

Forbes Media LLC is in talks about a merger with special-purpose acquisition company (SPAC), Magnum Opus Acquisition Ltd., which would lead to the company going...

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Suit Vs Ackman SPAC May Raise Existential Questions For Blank Check Firms
Suit Vs Ackman SPAC May Raise Existential Questions For Blank Check Firms
August 17, 2021  |  Legal & Regulation

Turns out blank check firms may have blank checks of their own to write — for counsel fees. As first reported by The New York...

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Neobanks And Blockchain Firms Eye Public Listings
Neobanks And Blockchain Firms Eye Public Listings
August 13, 2021  |  IPO

Incremental activity in public listings this past week – via traditional initial public listings (IPOs) and special-purpose acquisition companies (SPACs) – was focused on digital...

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FinTech Startup Aspiration Considers $2B+ SPAC
FinTech Startup Aspiration Considers $2B+ SPAC
August 12, 2021  |  IPO

The green FinTech Aspiration is in discussions about going public through a special purpose acquisition company (SPAC) in a deal that could value the firm...

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Air Taxi Service Joby Goes Public In SPAC Deal
Air Taxi Service Joby Goes Public In SPAC Deal
August 11, 2021  |  IPO

Aerial rideshare company Joby Aviation went public Wednesday (Aug. 11) following a “business combination” with special purpose acquisition company (SPAC) Reinvent Technology Partners that values...

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