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

Boxed Bankruptcy Shows Cracks in Pandemic’s SPAC Funding Frenzy
Boxed Bankruptcy Shows Cracks in Pandemic’s SPAC Funding Frenzy
April 04, 2023  |  Retail

It seems like a lifetime ago — SPACs were the “it” way to take companies public. And during the pandemic, eCommerce delivery businesses were the...

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Global Freight Platform Freightos Goes Public and Raises $80M
Global Freight Platform Freightos Goes Public and Raises $80M
January 25, 2023  |  Investments

Global freight booking and payment platform Freightos is going public. The firm said in a Wednesday (Jan. 25) press release that it has closed its...

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Circle Blames SEC for Collapse of $9B SPAC
Circle Blames SEC for Collapse of $9B SPAC
January 25, 2023  |  Cryptocurrency

Stablecoin company Circle says the SEC is to blame for its failure to go public. The company told the Financial Times (FT) in an interview...

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Crypto IPO Listings Wither Under SEC Spotlight
Crypto IPO Listings Wither Under SEC Spotlight
January 24, 2023  |  IPO

Cryptocurrency firms are facing new levels of government scrutiny as they try to go public. At least three companies — Bullish Global, Circle Internet Financial, and eToro...

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January’s FinTech SPAC Freeze Reflects Widespread Chill on Wall Street
January’s FinTech SPAC Freeze Reflects Widespread Chill on Wall Street
January 20, 2023  |  SPAC

The special purpose acquisition company (SPAC) may not be dead, but its pulse is pretty faint. January has thrown a deep chill for public listings...

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Crypto Company Bullish and SPAC Far Peak End Proposed Deal 
Crypto Company Bullish and SPAC Far Peak End Proposed Deal 
December 22, 2022  |  Cryptocurrency

Crypto company Bullish has ended its plan to go public.  The operator of the regulated cryptocurrency trading platform Bullish exchange and the special purpose acquisition...

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Private Equity Funds Regroup as Debt Financing Dries Up
Private Equity Funds Regroup as Debt Financing Dries Up
December 22, 2022  |  Investments

Private equity funds are seeking new ways to close deals as debt financing becomes scarce. That’s according to a Thursday (Dec. 22) report from Reuters,...

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FinTech SPAC Stock Listings Face Tough Reckoning as 2023 Looms
FinTech SPAC Stock Listings Face Tough Reckoning as 2023 Looms
December 19, 2022  |  SPAC

For FinTechs looking to go public, 2023 will not be the year of the SPAC stock listing. If they opt to go public at all,...

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Unique Logistics to Go Public and Pursue Merger and Acquisition
Unique Logistics to Go Public and Pursue Merger and Acquisition
December 19, 2022  |  Partnerships

Unique Logistics International will become a Nasdaq-listed company and pursue merger and acquisition. The global logistics and freight forwarding company said in a Monday (Dec....

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