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

LinkedIn And Zynga Founders To Merge SPAC With Flying Taxi Startup
LinkedIn And Zynga Founders To Merge SPAC With Flying Taxi Startup
February 11, 2021  |  Acquiring

Flying taxi developer Joby Aviation is getting some help from the blank-check company helmed by LinkedIn Founder Reid Hoffman, the Financial Times (FT) reported. A...

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Everyday Credit FinTech OppFi Will Go Public Via SPAC
Everyday Credit FinTech OppFi Will Go Public Via SPAC
February 11, 2021  |  IPO

FinTech platform Opportunity Financial (OppFi) has entered into an agreement with special purpose acquisition company (SPAC) FG New American Acquisition Corp. (FGNA) to become a...

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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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SPAC Goes The Quarterback: Kaepernick Files To Create Socially Conscious SPAC
SPAC Goes The Quarterback: Kaepernick Files To Create Socially Conscious SPAC
February 09, 2021  |  IPO

Colin Kaepernick is leading a new special purpose acquisition company (SPAC) focused on social justice, The Wall Street Journal (WSJ) reported. Kaepernick will be the...

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Micromobility Startup Helbiz To Merge With SPAC; Will Establish Ghost Kitchens
Micromobility Startup Helbiz To Merge With SPAC; Will Establish Ghost Kitchens
February 08, 2021  |  IPO

Helbiz, a micromobility startup, is looking to go public via special purpose acquisition company (SPAC), according to a report from TechCrunch. With that, the company...

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Supply Chain Manager E2open Goes Public Via SPAC
Supply Chain Manager E2open Goes Public Via SPAC
February 07, 2021  |  B2B Payments

Supply chain management firm E2open went public effective Friday (Feb. 5) through a merger with a special purpose acquisition company (SPAC), according to a press...

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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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