Blank check firm Porticoes Capital is reportedly planning to buy up failed U.S. banks. The group aims to take over banks that have been closed by the Federal Deposit Insurance Corporation (FDIC), the Financial Times reported Wednesday (March 13), citing a regulatory filing. According to the FT report, Porticoes...
Pinstripes, an experiential dining and entertainment brand, and special purpose acquisition company (SPAC) Banyan Acquisition Corp. have closed their previously announced business combination and will begin trading on the New York Stock Exchange (NYSE). With this business combination, Pinstripes has become a wholly owned subsidiary...
Zoomcar, an India-based peer-to-peer car-sharing platform focused on emerging markets, has gone public. The firm completed a previously announced business combination with Cayman Island-registered special purpose acquisition company (SPAC) Innovative International Acquisition Corp. (IOAC) Thursday (Dec. 28), the companies said in a Thursday press release....
Custom Health, a provider of a technology-enabled medication management and managed care solution, plans to go public. The firm has entered into a definitive business combination agreement with Berenson Acquisition Corp. (BACA) that will result in Custom Health becoming a publicly-listed company, the firms said...
December 19, 2022
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, that is. As PYMNTS’ own data shows, the pace of SPAC deals slowed to the low single digits in most cases, most notably in payments, shopping and work-related verticals. To […]
August 18, 2022
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. Interest rates were cheap, and...
June 02, 2022
Embedded payments and the digitization of the supply chain are coming to a public market near you. There has been no dearth of headlines heralding the end of Wall Street’s...
January 03, 2022
In the look back through the year that was, it might be too farfetched to say that SPACs and IPOs sizzled in the payments space. But things certainly — well...
April 16, 2024
Saxo Bank is reportedly pursuing a possible sale following an ill-fated attempt to go public. The Danish bank, which offers digital investment and trading services, recently invited investment bankers to audition for advisory roles in a possible sale, sources told Reuters in a report published Tuesday (April 18). Two of the four sources cited in the Reuters […]
March 13, 2024
Blank check firm Porticoes Capital is reportedly planning to buy up failed U.S. banks. The group aims to take over banks that have been closed by the Federal Deposit Insurance Corporation (FDIC), the Financial...
December 29, 2023
Pinstripes, an experiential dining and entertainment brand, and special purpose acquisition company (SPAC) Banyan Acquisition Corp. have closed their previously announced business combination and will begin trading on the New...
December 29, 2023
Zoomcar, an India-based peer-to-peer car-sharing platform focused on emerging markets, has gone public. The firm completed a previously announced business combination with Cayman Island-registered special purpose acquisition company (SPAC) Innovative...
