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

Micromobility Startup Helbiz To Merge With SPAC; Will Establish Ghost Kitchens

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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Porch Leverages IPO To Bring Digital Technology To Homebuying
Porch Leverages IPO To Bring Digital Technology To Homebuying
February 03, 2021  |  Real Estate

Relocating one’s living quarters can be a great life event (new house) or a devastating one (foreclosure). During the pandemic, Pew Research Center found that...

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Bill Me Later Co-Founders Launch Deep Lake Capital SPAC For FinTech Deals
Bill Me Later Co-Founders Launch Deep Lake Capital SPAC For FinTech Deals
February 03, 2021  |  IPO

Talk about credentials. In the payments and commerce business, Mark Lavelle and Gary Marino certainly have earned theirs. Back in 2000, they were part of...

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Day Traders Now Targeting SPACs
Day Traders Now Targeting SPACs
February 02, 2021  |  Markets

The day traders buoying GameStop stocks are now moving into special purpose acquisition companies (SPACs), The Wall Street Journal (WSJ) reported. SPACs are blank-check companies...

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SPACs Now Eyeing Asia For Merger Deals
SPACs Now Eyeing Asia For Merger Deals
February 01, 2021  |  IPO

Special purpose acquisition companies, or SPACs, are now eyeing the Asian market for merger deals as they compete to finalize deals before their initial public...

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