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

Israeli Freight Platform Freightos to Go Public Via SPAC

Israeli Freight Platform Freightos to Go Public Via SPAC
Israeli Freight Platform Freightos to Go Public Via SPAC
May 31, 2022  |  SPAC

Israeli digital freight booking and payment platform Freightos will go public through a merger with special purpose acquisition corporation (SPAC)  Gesher Acquisition, the companies announced...

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Amex Global Business Travel Going Public on NYSE
Amex Global Business Travel Going Public on NYSE
May 27, 2022  |  Stock Index

B2B travel platform American Express Global Business Travel will begin its life as a public company Tuesday (May 31) after the three-day Memorial Day weekend,...

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Today in FinTech: Alternative Lending; Airfreight Payments; Blockchain Tech
Today in FinTech: Alternative Lending; Airfreight Payments; Blockchain Tech
May 27, 2022  |  Technology

In today’s FinTech news, the growing FinTech ecosystem is getting support from the latest alternative asset-based lending fund Viola Credit. Plus, WebCargo is introducing a...

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Smart Car Firm ECARX Plans $3.8B SPAC
Smart Car Firm ECARX Plans $3.8B SPAC
May 26, 2022  |  SPAC

Smart car tech startup ECARX said it is going public through a special purpose acquisition company merger that values the firm at $3.8 billion. Get...

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Today in the Connected Economy: Google Rolls Out New Digital Wallet
Today in the Connected Economy: Google Rolls Out New Digital Wallet
May 11, 2022  |  Connected Economy

Today in the connected economy, Google unveils a new digital wallet, as well as new security features for online purchases with the help of Visa....

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Car-Sharing Platform Getaround Going Public in SPAC Deal
Car-Sharing Platform Getaround Going Public in SPAC Deal
May 11, 2022  |  SPAC

Digital car-sharing marketplace Getaround is going public through a special purpose acquisition company (SPAC) deal with InterPrivate II Acquisition Corp., with a combined value of...

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Dating App Grindr Set to Go Public Via SPAC
Dating App Grindr Set to Go Public Via SPAC
May 10, 2022  |  SPAC

Gay dating app Grindr is going public through a merger with a special purpose acquisition company (SPAC) firm that would value the company at $2.1...

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Goldman Sachs Pauses New SPAC Offerings Amid Regulatory Pressures
Goldman Sachs Pauses New SPAC Offerings Amid Regulatory Pressures
May 09, 2022  |  SPAC

Goldman Sachs has paused new special purpose acquisition company (SPAC) offerings, which has added more complications to the lagging market as regulators turn a more...

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CFA Institute Tells SEC to Tighten Disclosure Regs for SPAC Sponsors
CFA Institute Tells SEC to Tighten Disclosure Regs for SPAC Sponsors
May 08, 2022  |  SPAC

The CFA Institute, the organization for investment professionals, is telling regulators to tighten disclosure requirements for SPAC sponsors, the Financial Times reported Sunday (May 8)....

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