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

Social Capital Hedosophia Launches New SPAC, Seeks $500M
Social Capital Hedosophia Launches New SPAC, Seeks $500M
September 15, 2020  |  Markets

Social Capital Hedosophia is looking to raise $500 million for a new blank check company, Bloomberg writes. Get the Full Story Complete the form to...

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SPAC Starboard Value Acquisition Launches $360M IPO
SPAC Starboard Value Acquisition Launches $360M IPO
September 10, 2020  |  Investments

“Blank check” company Starboard Value Acquisition Corp. announced on Thursday (Sept. 10) that it had priced its upsized 36-million-unit initial public offering at $10 per...

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Walmart+, Amazon Pay, and The Battle For The Digital Consumer Top This Week’s News
Walmart+, Amazon Pay, and The Battle For The Digital Consumer Top This Week’s News
September 04, 2020  |  The Weekender

Labor Day weekend is here, bring us some welcome respite from a long summer. The PYMNTS Weekender has all the latest reading material on payments...

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Today In Payments: Barr Plans To File Google Antitrust This Month; Instacart Announces Deal With 7-Eleven
Today In Payments: Barr Plans To File Google Antitrust This Month; Instacart Announces Deal With...
September 04, 2020  |  News

In today’s top news, U.S. Attorney General William Barr plans to file an antitrust case against Google this month, and Instacart announced a deal with...

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SPAC Investor Ackman In Limited Talks With Stripe For IPO
SPAC Investor Ackman In Limited Talks With Stripe For IPO
September 03, 2020  |  IPO

Billionaire investor Bill Ackman said he’s had preliminary discussions with Airbnb and Stripe, among others, about helping them to go public, Bloomberg reported. Get the...

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Utz And The (Public) Lure Of A Snack SPAC
Utz And The (Public) Lure Of A Snack SPAC
August 31, 2020  |  IPO

In the consumer packaged goods space, snack SPACs are showing some teeth. Get the Full Story Complete the form to unlock this article and enjoy...

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SPACs ‘Not A Fit For Every Company’ Says DraftKings Chief
SPACs ‘Not A Fit For Every Company’ Says DraftKings Chief
August 30, 2020  |  Investments

Fantasy gaming company DraftKings CEO Jason Robins thinks the special purpose acquisition company (SPAC) market might be getting a little too big and hopes it...

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Retail’s Digital Shift, SPACs, And DoorDash’s IPO Plans Top This Week’s News
Retail’s Digital Shift, SPACs, And DoorDash’s IPO Plans Top This Week’s News
August 28, 2020  |  News

It’s the end of another week and the end of a busy month. The PYMNTS Weekender is here to catch you up on the latest...

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