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

SPACs Setting Sights On Southeast Asian Startups

SPACs Setting Sights On Southeast Asian Startups
SPACs Setting Sights On Southeast Asian Startups
July 16, 2021  |  IPO

Special-purpose acquisition companies (SPACs) have set their sights on Southeast Asia’s late-stage startups, CNBC reported this week. A SPAC is a shell company established to...

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SEC Charges Space Exploration Company Momentus For Misleading Investors
SEC Charges Space Exploration Company Momentus For Misleading Investors
July 14, 2021  |  Legal & Regulation

The Securities and Exchange Commission (SEC) has charged Momentus, an early-stage space exploration company, and other affiliated parties with misleading claims to investors ahead of...

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SEC Targets Bank Fees As It Ramps Up SPAC Probe
SEC Targets Bank Fees As It Ramps Up SPAC Probe
July 13, 2021  |  Bank Regulation

The Securities and Exchange Commission (SEC) is ramping up its probe into special purpose acquisition companies (SPACs) and is targeting potential conflicts of interest regarding...

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SPACs Slow As FinTech IPOs Step Into Listings Spotlight
SPACs Slow As FinTech IPOs Step Into Listings Spotlight
July 12, 2021  |  IPO

It wasn’t all about China’s crackdown on companies listing overseas. You’d be forgiven for thinking that the news surrounding initial public offerings (IPOs) and SPAC...

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Nextdoor Investor: SPACs Cheaper Than ‘Mispriced IPOs’
Nextdoor Investor: SPACs Cheaper Than ‘Mispriced IPOs’
July 11, 2021  |  IPO

When Nextdoor made the choice to go public via a special purpose acquisition company (SPAC), it was looking for the best pricing available, CNBC reported,...

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Report Says Medicare Payments Recovery Company MSP, Lionheart SPAC In Talks
Report Says Medicare Payments Recovery Company MSP, Lionheart SPAC In Talks
July 07, 2021  |  IPO

MSP Recovery, which recovers Medicare and Medicaid secondary payments for patients, is in talks to go public through a merger with Lionheart Acquisition Corp. II,...

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SPAC Trailblazer Betsy Cohen Tells Investors To Think Globally
SPAC Trailblazer Betsy Cohen Tells Investors To Think Globally
June 29, 2021  |  Fintech Investments

Betsy Cohen, a trailblazer in the special purpose acquisition company (SPAC) investment space and the chair of SPAC investment firm FinTech Masala, told investors during...

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Beachbody, Myx Fitness Combined Company Goes Public Via SPAC
Beachbody, Myx Fitness Combined Company Goes Public Via SPAC
June 28, 2021  |  IPO

The Beachbody Company Group is merging with connected fitness company Myx Fitness Holdings went public today (June 28) via a collaboration with the special-purpose acquisition company...

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