SPACs

Grab’s Valuation In Question After SPAC Partner Altimeter Plummets 28 Pct
Grab’s Valuation In Question After SPAC Partner Altimeter Plummets 28 Pct
May 16, 2021  |  IPO

Altimeter, a blank-check company in charge of merging with delivery giant Grab, is just a few cents above its record low after bottoming at 28...

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InsurTech SPACs In Spotlight, And Bird Takes Flight Toward IPO 
InsurTech SPACs In Spotlight, And Bird Takes Flight Toward IPO 
May 14, 2021  |  IPO

The weekly SPAC/IPO Tracker shows that through the middle of the month, year-to-date banking related listings stood at 25, trailed by a baker’s dozen of...

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Today In Payments Around The World: SoftBank Aims To Have IPO For PayPay; Infobip Raising $500 Million Toward IPO
Today In Payments Around The World: SoftBank Aims To Have IPO For PayPay; Infobip Raising...
May 11, 2021  |  International

In today’s top payments news around the world, SoftBank is looking to have an initial public offering (IPO) for PayPay, while Infobip aims to raise...

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Mortgage Lender Better Plans SPAC Deal On $7.7 Billion Valuation
Mortgage Lender Better Plans SPAC Deal On $7.7 Billion Valuation
May 10, 2021  |  IPO

Better, a startup mortgage lender, is going public by merging with a special purpose acquisition company (SPAC), the startup announced in a press release Tuesday...

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Bird Seeks Public Offering Via SPAC At $2.3 Billion Valuation
Bird Seeks Public Offering Via SPAC At $2.3 Billion Valuation
May 10, 2021  |  IPO

Electric scooter company Bird is looking to go public with special purpose acquisition company (SPAC) Switchback II Corporation, dot.LA reported. The proposed deal values Bird at...

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Luxury Gym Equinox Weighs Going Public Via SPAC
Luxury Gym Equinox Weighs Going Public Via SPAC
May 04, 2021  |  IPO

Luxury gym operator Equinox Holdings, often used by celebrities and financiers, might end up merging with a special purpose acquisition company (SPAC) backed by investor...

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Sen. Kennedy’s SPAC Bill Calls For Disclosure Transparency
Sen. Kennedy’s SPAC Bill Calls For Disclosure Transparency
April 29, 2021  |  Regulation

Sen. John Kennedy of Louisiana has introduced a new act to help promote transparency in special purpose acquisition companies (SPACs), according to a press release....

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U.S. Bank Offers Custom, Turn-Key SPAC Solutions
U.S. Bank Offers Custom, Turn-Key SPAC Solutions
April 28, 2021  |  Banking

U.S. Bank is rolling out new solutions for special purpose acquisition companies (SPACs), including segregated trust accounts for SPAC proceeds, statements and secure reporting of...

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Report: SEC Eyes SPAC Rules For Projections, Liability
Report: SEC Eyes SPAC Rules For Projections, Liability
April 27, 2021  |  Regulation

The Securities and Exchange Commission (SEC) has begun considering restrictions on the growth of special purpose acquisition companies (SPACs), the Financial Post reported. SPACs are...

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