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

Simon Property Group, Wheels Up Get In On The SPAC Action

Simon Property Group, Wheels Up Get In On The SPAC Action
Simon Property Group, Wheels Up Get In On The SPAC Action
February 01, 2021  |  IPO

New year – and on Wall Street, perhaps the same bubble forming. No, not GameStop. You’d be forgiven if the tug of war between hedge...

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Education Platform Nerdy To Go Public By Merging With SPAC
Education Platform Nerdy To Go Public By Merging With SPAC
January 29, 2021  |  IPO

Education gig economy platform Nerdy Inc. has struck a deal to go public by merging with TPG Pace Tech Opportunities, a special purpose acquisition company...

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WeWork Could Merge With SPAC — Or Land Private Investment
WeWork Could Merge With SPAC — Or Land Private Investment
January 28, 2021  |  Investments

In a year in which over 80 new special purpose acquisition companies (SPACs) have made their debut, WeWork is in discussions to merge with a...

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Report: Payoneer Could Go Public By Merging With SPAC
Report: Payoneer Could Go Public By Merging With SPAC
January 24, 2021  |  Partnerships

Digital payments company Payoneer is in talks to go public via a business combination with special purpose acquisition company (SPAC) FTAC Olympus Acquisition Corp., Bloomberg...

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SPACs On The Menu: Restaurant Industry Veterans Seek Solutions For Current Crisis
SPACs On The Menu: Restaurant Industry Veterans Seek Solutions For Current Crisis
January 20, 2021  |  ResTech

It was John Adams, second president of the U.S., who once said: “Every problem is an opportunity in disguise.” Apparently, Andy Pforzheimer and Dave Pace...

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Goldman CEO Says SPAC Explosion ‘Unsustainable’
Goldman CEO Says SPAC Explosion ‘Unsustainable’
January 19, 2021  |  Partnerships

Goldman Sachs CEO David Solomon said he doesn’t think the current special purpose acquisition company (SPAC) boom is sustainable, the Financial Times (FT) reported. Companies...

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Billtrust To Make NASDAQ Debut, Trading As BTRS
Billtrust To Make NASDAQ Debut, Trading As BTRS
January 12, 2021  |  B2B Payments

Billtrust, which works in accounts receivable automation and integrated B2B payments, has completed a special purpose acquisition company (SPAC) merger with South Mountain Merger Corp.,...

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Financial Services Platform SoFi Plans IPO Via SPAC
Financial Services Platform SoFi Plans IPO Via SPAC
January 07, 2021  |  IPO

Silicon Valley startup Social Finance (SoFi) is closing a merger deal with blank-check firm Social Capital Hedosophia Holdings Corp. V to file an initial public...

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