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

Scooter-Rental Firm Bird Rides Inc. In Talks To Go Public Via A SPAC

Scooter-Rental Firm Bird Rides Inc. In Talks To Go Public Via A SPAC
Scooter-Rental Firm Bird Rides Inc. In Talks To Go Public Via A SPAC
November 16, 2020  |  Partnerships

Scooter rental startup Bird Rides Inc. is working on a deal with Credit Suisse Group to go public via a special purpose acquisition company (SPAC),...

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Paya CEO On Going Public And The Middle Market’s Business Payments Opportunity
Paya CEO On Going Public And The Middle Market’s Business Payments Opportunity
October 21, 2020  |  IPO

Current market volatility fueled by the global pandemic and subsequent economic disruption may seem to present an inopportune moment for companies to go public. Yet...

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Billtrust To Go Public Via SPAC At $1.3B Valuation
Billtrust To Go Public Via SPAC At $1.3B Valuation
October 19, 2020  |  Investments

B2B order-to-cash solutions provider Billtrust and special purpose acquisition company (SPAC) South Mountain Merger Corporation announced on Monday (Oct. 19) that they have entered into...

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VC Firm Greycroft Raises $680M In Search Of Next Venmo, Subscription Startups
VC Firm Greycroft Raises $680M In Search Of Next Venmo, Subscription Startups
October 06, 2020  |  Investments

Venture capital firm Greycroft, based in New York and Los Angeles, has raised $680 million to fund new startups, according to Bloomberg, looking for “the...

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Ex-Uber Exec To File $250M SPAC IPO Backed By Former Google CEO
Ex-Uber Exec To File $250M SPAC IPO Backed By Former Google CEO
October 04, 2020  |  IPO

A former Uber executive is planning to launch a $250 million initial public offering (IPO) for a blank check company whose advisors include billionaire Eric...

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Why The Pandemic Is A ‘Black Swan’ That Will Spur Payments M&A
Why The Pandemic Is A ‘Black Swan’ That Will Spur Payments M&A
October 02, 2020  |  Partnerships

The mergers and acquisitions, the deal-making, the funding and IPOs among payments players may be just getting started. In an interview with Karen Webster, Jim...

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D2C Telehealth Firm Hims Plans SPAC IPO
D2C Telehealth Firm Hims Plans SPAC IPO
October 01, 2020  |  Investments

Hims, a direct-to-consumer (D2C) company selling health products targeted at millennials, is going public via a special purpose acquisition company (SPAC), CNBC reported. Hims was...

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SPACs Now Comprise 20 Pct Of IPO Market, Apollo’s Harris Says
SPACs Now Comprise 20 Pct Of IPO Market, Apollo’s Harris Says
September 30, 2020  |  Investments

Alternative investment firm Apollo Global Management Co-Founder Josh Harris said he thinks the trend of special purpose acquisition companies (SPACs) is not a flash in...

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