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 Riding $4 Billion Wave as IPO Market Struggles

SPACs Riding $4 Billion Wave as IPO Market Struggles
SPACs Riding $4 Billion Wave as IPO Market Struggles
April 17, 2025  |  SPAC

With the IPO market struggling, special purpose acquisition companies (SPACs) are enjoying a comeback. That’s according to a report Thursday (April 17) by Bloomberg News, which notes...

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Self-Driving Truck Firm Kodiak Robotics Plans to Go Public
Self-Driving Truck Firm Kodiak Robotics Plans to Go Public
April 14, 2025  |  Transportation

Kodiak Robotics, an autonomous freight truck startup, is planning to become a public company. The move comes through a merger between Kodiak and special purpose...

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Vivid Seats Reportedly Eyeing Sale of Online Ticketing Platform
Vivid Seats Reportedly Eyeing Sale of Online Ticketing Platform
December 30, 2024  |  Retail

Online ticketing marketplace Vivid Seats is reportedly exploring a sale after getting some takeover interest. The company, which competes with the likes of SeatGeek and StubHub, is working with an...

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Crypto Company Fold Set to Go Public in SPAC Merger
Crypto Company Fold Set to Go Public in SPAC Merger
July 24, 2024  |  Cryptocurrency

Fold, which describes itself as a “bitcoin financial services company” is set to go public. The company plans to list on Nasdaq after merging with...

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Saxo Bank Weighs Sale After SPAC Collapses
Saxo Bank Weighs Sale After SPAC Collapses
April 16, 2024  |  Banking

Saxo Bank is reportedly pursuing a possible sale following an ill-fated attempt to go public. The Danish bank, which offers digital investment and trading services, recently...

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Blank Check Firm Porticoes Plans to Snap Up Fallen Banks
Blank Check Firm Porticoes Plans to Snap Up Fallen Banks
March 13, 2024  |  Banking

Blank check firm Porticoes Capital is reportedly planning to buy up failed U.S. banks. The group aims to take over banks that have been closed by the Federal Deposit...

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Experiential Dining Brand Pinstripes to Go Public, Add Locations
Experiential Dining Brand Pinstripes to Go Public, Add Locations
December 29, 2023  |  SPAC

Pinstripes, an experiential dining and entertainment brand, and special purpose acquisition company (SPAC) Banyan Acquisition Corp. have closed their previously announced business combination and will...

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India-Based Car-Sharing Platform Zoomcar Completes Business Combination, Goes Public
India-Based Car-Sharing Platform Zoomcar Completes Business Combination, Goes Public
December 29, 2023  |  IPO

Zoomcar, an India-based peer-to-peer car-sharing platform focused on emerging markets, has gone public. The firm completed a previously announced business combination with Cayman Island-registered special...

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