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

More SEC Scrutiny Threatens To Slow SPAC Pace

More SEC Scrutiny Threatens To Slow SPAC Pace
More SEC Scrutiny Threatens To Slow SPAC Pace
April 12, 2021  |  IPO

Special purpose acquisition companies (SPAC) listings continue to outpace levels seen in any previous year — but regulatory scrutiny might slow the waves of new...

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SEC Official: SPAC Risks Include ‘Undiscovered’ Issues  
SEC Official: SPAC Risks Include ‘Undiscovered’ Issues  
April 08, 2021  |  IPO

SPACs may be flying high, but risks lie beneath the surface. As reported in The Wall Street Journal on Thursday (April 8),  John Coates, acting...

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SPACs, IPOs Uncover Security Vulnerability In Digital-First Economy
SPACs, IPOs Uncover Security Vulnerability In Digital-First Economy
April 08, 2021  |  IPO

Taking a company public used to be an occasional, well-celebrated event on Wall Street, complete with the signature moment of the newly-minted CEO ringing the...

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Michael Eisner-Led Trading Card Brand Topps Will Go Public Via SPAC
Michael Eisner-Led Trading Card Brand Topps Will Go Public Via SPAC
April 06, 2021  |  IPO

Trading card company Topps plans to go public through a special purpose acquisition company (SPAC), according to CNBC. Topps is best known for its line...

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Today In Payments: Mastercard Invests $100 Million In Airtel Africa; DoorDash-Olo Suit Highlights Delivery Economics
Today In Payments: Mastercard Invests $100 Million In Airtel Africa; DoorDash-Olo Suit Highlights Delivery Economics
April 01, 2021  |  News

In today’s top news, Airtel Africa is valued at $2.65 billion after closing a $100 million deal with Mastercard, and DoorDash is suing business partner...

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SEC Official Raises Red Flag On SPAC Risks
SEC Official Raises Red Flag On SPAC Risks
March 31, 2021  |  IPO

Paul Munter, acting chief accountant at the Securities and Exchange Commission (SEC), issued a warning Wednesday (March 31) to Wall Street over the problems with...

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SPAC Boom Hits $1.3 Billion For Q1
SPAC Boom Hits $1.3 Billion For Q1
March 31, 2021  |  IPO

Global mergers and acquisitions (M&A) have seen their strongest developments in four decades in the first quarter of this year as special purpose acquisition companies...

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Today In Payments Around The World: Ripple To Purchase 40 Pct Of Tranglo; Cazoo To Reportedly Go Public By Merging With SPAC
Today In Payments Around The World: Ripple To Purchase 40 Pct Of Tranglo; Cazoo To...
March 30, 2021  |  Cross-border Payments

In today’s top payments news around the world, Ripple said it has come to a deal to buy 40 percent of international payments specialist Tranglo,...

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