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

FinTech Platform Qenta to Merge With SPAC Blockchain Coinvestors

FinTech Platform Qenta to Merge With SPAC Blockchain Coinvestors
FinTech Platform Qenta to Merge With SPAC Blockchain Coinvestors
November 10, 2022  |  SPAC

FinTech platform Qenta and special purpose acquisition company (SPAC) Blockchain Coinvestors Acquisition (BSCA) have entered into an agreement to merge and list the combined company...

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Malaysian FinTech Super Apps Plans $1.1B SPAC Merger
Malaysian FinTech Super Apps Plans $1.1B SPAC Merger
October 19, 2022  |  SPAC

Malaysian payments technology company Super Apps is set to go public in the United States via a special purpose acquisition company (SPAC) merger that values...

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$3.6B SPAC Merger Falls Apart for Blockchain Payments Startup Roxe
$3.6B SPAC Merger Falls Apart for Blockchain Payments Startup Roxe
October 06, 2022  |  SPAC

The public debut for blockchain payments startup Roxe has been scrapped after its special purpose acquisition company (SPAC) merger with Goldenstone Acquisition was mutually terminated....

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SPAC Investors Prepare for Surge in Liquidations
SPAC Investors Prepare for Surge in Liquidations
September 04, 2022  |  SPAC

Investors who put funds into blank check companies will likely see a liquidity boost of more than $75 billion in the next six months, as...

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Covalto to Become 1st Mexican FinTech on US Stock Market
Covalto to Become 1st Mexican FinTech on US Stock Market
August 18, 2022  |  SPAC

Mexican digital banking platform Covalto is planning to go public via a special purpose acquisition company (SPAC) merger, a move that would make it the...

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Plastiq CEO: Capital From SPAC Deal Offers ‘Prudent’ Strategic Advantage
Plastiq CEO: Capital From SPAC Deal Offers ‘Prudent’ Strategic Advantage
August 18, 2022  |  SPAC

Not all that long ago, capital was a commodity, Eliot Buchanan, CEO of B2B payments platform Plastiq, told Karen Webster. The credit spigots were open....

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Payments SPACs Face Reckoning as Clock Runs Out on Investment Deadlines
Payments SPACs Face Reckoning as Clock Runs Out on Investment Deadlines
August 16, 2022  |  SPAC

Tick. Tock. Or to quote a bit of T.S. Eliot — hurry up, please, it’s time. For special purpose acquisition companies (SPACs), raising cash the...

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Market Volatility, Souring SPAC Outlook Create Cruel Summer for Crypto M&A
Market Volatility, Souring SPAC Outlook Create Cruel Summer for Crypto M&A
August 16, 2022  |  Cryptocurrency

Sometimes it’s friendly and sometimes it isn’t, but long-planned crypto mergers and SPAC acquisitions have been falling apart in the past month. Since July, five...

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