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

“Pro-American” FinTech GloriFi Plans $1.7B SPAC Deal
“Pro-American” FinTech GloriFi Plans $1.7B SPAC Deal
July 26, 2022  |  Fintech Investments

GloriFi, a Dallas tech company that bills itself as “pro-freedom, pro-America, pro-capitalism,” is getting ready to go public in a blank check merger worth $1.7...

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eToro, FinTech V Cancel SPAC Merger Deal
eToro, FinTech V Cancel SPAC Merger Deal
July 05, 2022  |  SPAC

Social investing network eToro Group and the special purpose acquisition company (SPAC) FinTech Acquisition Corp. V (FinTech V) have decided to call off their planned...

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Panera Ends IPO Plans With Danny Meyer’s SPAC, Citing Souring Economy
Panera Ends IPO Plans With Danny Meyer’s SPAC, Citing Souring Economy
July 01, 2022  |  IPO

The year 2021 was a major year for restaurants and other food and beverage (F&B) businesses going public, with initial public offerings (IPOs) bringing in...

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FinTechs Choose ‘Traditional’ IPOs, Shun SPACs, Amid Muted Listings
FinTechs Choose ‘Traditional’ IPOs, Shun SPACs, Amid Muted Listings
June 30, 2022  |  IPO

Dozens of mergers scuttled. Dwindling share prices. A market that is so volatile that, frankly, it’s no surprise that special purpose acquisition companies (SPACs) have seemingly had...

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Looming Recession Curbs Global M&A Activity, as Q2 US Activity Slows 40%
Looming Recession Curbs Global M&A Activity, as Q2 US Activity Slows 40%
June 26, 2022  |  Partnerships

Global deal-making is entering tumultuous waters, as various factors like inflation and a stock market rout make corporate boards less willing to expand through acquisitions,...

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Report: Blockchain Payments Firm Roxe Close to $3.6B SPAC Merger
Report: Blockchain Payments Firm Roxe Close to $3.6B SPAC Merger
June 21, 2022  |  SPAC

Roxe Holdings, a blockchain-based payment company, is close to going public with a special purpose acquisition company (SPAC) merger, according to a Reuters report Tuesday...

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Freeze on Crypto SPACs Shows Blank Check Appeal in Rearview Mirror
Freeze on Crypto SPACs Shows Blank Check Appeal in Rearview Mirror
June 15, 2022  |  SPAC

It seems safe to say that the halcyon days of the blank check company are behind us. A meteroric rise for the special purpose acquisition...

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US Financial Groups Back SPACs as SEC Seeks to Rein Them In
US Financial Groups Back SPACs as SEC Seeks to Rein Them In
June 14, 2022  |  SPAC

Groups representing the U.S. financial industry are trying to get the federal Securities and Exchange Commission to dilute proposed new regulations that would govern special...

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TechREG Weekly US: SCOTUS Sides With Social Media Firms, Blocks Texas Law; California Ready to Debate Privacy Bill
TechREG Weekly US: SCOTUS Sides With Social Media Firms, Blocks Texas Law; California Ready to...
June 03, 2022  |  Legal & Regulation

This week in TechREG has been quieter than usual as lawmakers didn’t hold congressional hearings and regulators didn’t make important announcements. However, the U.S. Supreme...

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