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

Vivid Seats Gets Ticket To SPAC Craze; Opens Talks With Horizon Acquisitions

Vivid Seats Gets Ticket To SPAC Craze; Opens Talks With Horizon Acquisitions
Vivid Seats Gets Ticket To SPAC Craze; Opens Talks With Horizon Acquisitions
March 18, 2021  |  IPO

Digital ticketing marketplace Vivid Seats has been in advanced talks to go public via a special purpose acquisition company (SPAC), Bloomberg reported. The company plans...

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SPACs, Or Blank-Check Companies, Raise Record Quarterly Amount
SPACs, Or Blank-Check Companies, Raise Record Quarterly Amount
March 17, 2021  |  Investments

The use of special-purpose acquisition companies (SPACs) to go public boomed in 2020. The growth of these blank-check companies has exploded even more in the...

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First Nordic SPAC Will Go Public March 25
First Nordic SPAC Will Go Public March 25
March 16, 2021  |  IPO

Nordic financial services group SEB is the global coordinator and bookrunner of Scandinavia’s first special purpose acquisition company (SPAC) and is now building out a...

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Today In Payments: Coupang Files $4.6 Billion US IPO; LendingClub Q4 Loan Volume Rebounds By 56 Pct
Today In Payments: Coupang Files $4.6 Billion US IPO; LendingClub Q4 Loan Volume Rebounds By...
March 11, 2021  |  News

In today’s top news, Coupang raised $4.6 billion in its IPO, and LendingClub reported that loan volumes were up 56 percent in the fourth quarter....

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Investors Flock To SPACs Based On Celebrity Backings
Investors Flock To SPACs Based On Celebrity Backings
March 10, 2021  |  Investments

Investors from all levels of expertise have been flocking to special purpose acquisition companies (SPACs), a tendency that has some financial planners — and the...

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MoneyLion CEO: SPAC Route Offers FinTechs ‘Degrees Of Freedom’
MoneyLion CEO: SPAC Route Offers FinTechs ‘Degrees Of Freedom’
March 08, 2021  |  IPO

Special purpose acquisition companies (SPACs) are all the rage on Wall Street. And analysts seem to be split as to whether it’s all froth or...

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InsurTech Firms Take SPAC Path To Wall Street
InsurTech Firms Take SPAC Path To Wall Street
March 04, 2021  |  IPO

The only sure things in life, they say, are death and taxes. And maybe the parade of continued special purpose acquisition companies (SPACs) – at...

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Key SPAC Executives Rewrite Stock Investment Terms
Key SPAC Executives Rewrite Stock Investment Terms
March 03, 2021  |  Investments

Special purpose acquisition company (SPAC) buyers are looking at more stringent, aggressive terms as the popularity of these types of investments grows, Bloomberg reported. Some...

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