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

UK Allows SPACs To Boost London After Brexit

UK Allows SPACs To Boost London After Brexit
UK Allows SPACs To Boost London After Brexit
March 02, 2021  |  Cross-border Payments

A new plan from U.K. leaders would let special purpose acquisition companies (SPACs) join the U.K. stock market as part of a set of new...

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Today In Payments: US SPAC Tailwind Hunting For European Unicorns; Zoom Expects Post-Pandemic Business To Remain Brisk
Today In Payments: US SPAC Tailwind Hunting For European Unicorns; Zoom Expects Post-Pandemic Business To...
March 02, 2021  |  News

In today’s top news, SPAC Tailwind is hunting for a European tech unicorn to take public, and Zoom expects remote business demand to continue post-pandemic....

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US SPAC Tailwind Hunting For European Unicorns To Take Public
US SPAC Tailwind Hunting For European Unicorns To Take Public
March 02, 2021  |  Investments

Tailwind International, a U.S. special purpose acquisition company (SPAC), is on the hunt for European tech unicorns to take public, according to The Financial Times...

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Singapore’s PropertyGuru In Talks With SPACs For US IPO, Report Says
Singapore’s PropertyGuru In Talks With SPACs For US IPO, Report Says
March 01, 2021  |  IPO

Singaporean real estate firm PropertyGuru is considering a listing in the U.S. via a special purpose acquisition company (SPAC) merger, Bloomberg reported. PropertyGuru is backed...

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Red-Hot IPO Market Draws Payments Firms, FinTechs
Red-Hot IPO Market Draws Payments Firms, FinTechs
February 28, 2021  |  IPO

By any measure, initial public offerings (IPOs) were hot last year, buoyed in part by the embrace by retail investors of special purpose acquisition companies...

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Brexit And SPAC Boom Lure UK Tech Companies To US
Brexit And SPAC Boom Lure UK Tech Companies To US
February 28, 2021  |  Cross-border Payments

Lawmakers in Great Britain are calling for significant steps to preserve the United Kingdom’s FinTech sector amid threats, including the lack of significant protections in...

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Berkshire Grey Partners With SPAC Revolution Acceleration Acquisition
Berkshire Grey Partners With SPAC Revolution Acceleration Acquisition
February 24, 2021  |  Partnerships

Berkshire Grey (BG) has closed a deal with the special purpose acquisition company (SPAC) Revolution Acceleration Acquisition Corp (RAAC) to file a public offering with...

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B Capital Joins SPAC Frenzy With $300 Million IPO
B Capital Joins SPAC Frenzy With $300 Million IPO
February 22, 2021  |  IPO

B Capital Technology Opportunities, a special purpose acquisition corporation (SPAC), or blank check company, birthed from B Capital Group, has filed paperwork for an initial...

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