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

B Capital Joins SPAC Frenzy With $300 Million IPO

B Capital Joins SPAC Frenzy With $300 Million IPO
B Capital Joins SPAC Frenzy With $300 Million IPO
February 22, 2021  |  IPO

B Capital Technology Opportunities, a special purpose acquisition corporation (SPAC), or blank check company, birthed from B Capital Group, has filed paperwork for an initial...

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Singapore May List Blank-Check Companies, Or SPACs, This Year
Singapore May List Blank-Check Companies, Or SPACs, This Year
February 18, 2021  |  IPO

The Singapore Exchange, a major stock market in Asia, has reportedly been considering the idea of listing blank-check companies. Now, CEO Loh Boon Chye said...

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Lakestar’s Klaus Hommels Latest To Join SPAC Craze In Europe
Lakestar’s Klaus Hommels Latest To Join SPAC Craze In Europe
February 17, 2021  |  Acquiring

Klaus Hommels, founder of venture capital firm Lakestar, launched a special purpose acquisition company (SPAC) on Wed. (Feb. 17), Lakestar SPAC I SE, with the...

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Indonesian Travel Startup Traveloka Looks To Enter Public Markets Via SPAC
Indonesian Travel Startup Traveloka Looks To Enter Public Markets Via SPAC
February 16, 2021  |  IPO

Online travel startup Traveloka is aiming to launch a “blank-check” company with a listing in the U.S. this year. Ferry Unardi, the Indonesian company’s CEO,...

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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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