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

Singapore May List Blank-Check Companies, Or SPACs, This Year

Singapore May List Blank-Check Companies, Or SPACs, This Year
Singapore May List Blank-Check Companies, Or SPACs, This Year
February 18, 2021  |  IPO

The Singapore Exchange, a major stock market in Asia, has reportedly been considering the idea of listing blank-check companies. Now, CEO Loh Boon Chye said...

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Lakestar’s Klaus Hommels Latest To Join SPAC Craze In Europe
Lakestar’s Klaus Hommels Latest To Join SPAC Craze In Europe
February 17, 2021  |  Acquiring

Klaus Hommels, founder of venture capital firm Lakestar, launched a special purpose acquisition company (SPAC) on Wed. (Feb. 17), Lakestar SPAC I SE, with the...

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Indonesian Travel Startup Traveloka Looks To Enter Public Markets Via SPAC
Indonesian Travel Startup Traveloka Looks To Enter Public Markets Via SPAC
February 16, 2021  |  IPO

Online travel startup Traveloka is aiming to launch a “blank-check” company with a listing in the U.S. this year. Ferry Unardi, the Indonesian company’s CEO,...

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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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