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

Direct Listings And SPACs Change The Face of Public Offerings

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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Report: Digital Lender SoFi Eyes IPO Via SPAC
Report: Digital Lender SoFi Eyes IPO Via SPAC
December 07, 2020  |  IPO

Social Finance (SoFi), a San Francisco-based online lending startup, is holding talks about selling to a blank-check acquisition company, Reuters reported, to help it debut...

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Paysafe Readies $9 Billion IPO Via SPAC
Paysafe Readies $9 Billion IPO Via SPAC
December 06, 2020  |  IPO

Online payments firm Paysafe is nearing a deal with billionaire Bill Foley for a special purpose acquisition company (SPAC) merger, according to a Bloomberg report,...

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Iliad’s Niel Teams Up To Launch Organic Foods SPAC In France
Iliad’s Niel Teams Up To Launch Organic Foods SPAC In France
November 30, 2020  |  Investments

Iliad SA Founder Xavier Niel is teaming up with other investors to raise up to $360 million, or 300 million euros, to launch a blank-check...

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