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

SPACs Slow As FinTech IPOs Step Into Listings Spotlight
SPACs Slow As FinTech IPOs Step Into Listings Spotlight
July 12, 2021  |  IPO

It wasn’t all about China’s crackdown on companies listing overseas. You’d be forgiven for thinking that the news surrounding initial public offerings (IPOs) and SPAC...

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SPAC Trailblazer Betsy Cohen Tells Investors To Think Globally
SPAC Trailblazer Betsy Cohen Tells Investors To Think Globally
June 29, 2021  |  Fintech Investments

Betsy Cohen, a trailblazer in the special purpose acquisition company (SPAC) investment space and the chair of SPAC investment firm FinTech Masala, told investors during...

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Beachbody, Myx Fitness Combined Company Goes Public Via SPAC
Beachbody, Myx Fitness Combined Company Goes Public Via SPAC
June 28, 2021  |  IPO

The Beachbody Company Group is merging with connected fitness company Myx Fitness Holdings went public today (June 28) via a collaboration with the special-purpose acquisition company...

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Embark Joins Convoy Of Self-Driving Truck Firms Going Public With $5.2B SPAC Deal
Embark Joins Convoy Of Self-Driving Truck Firms Going Public With $5.2B SPAC Deal
June 23, 2021  |  IPO

Embark Trucks, a self-driving vehicle company, is set to go public in a deal valued at about $5.2 billion. The San Francisco-based startup is merging...

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Malaysia’s Used Car Site Carsome Eyes US SPAC, Traditional IPO
Malaysia’s Used Car Site Carsome Eyes US SPAC, Traditional IPO
June 20, 2021  |  IPO

Online used car platform Carsome has begun considering going public, a Bloomberg report says. The company, which is based in Kuala Lumpur, has begun considering...

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IPO/SPAC Listing Activity Picks Up As Marqeta Debuts
IPO/SPAC Listing Activity Picks Up As Marqeta Debuts
June 11, 2021  |  IPO

The pace of SPAC/IPO listings picked up a bit this past week, capped, one might say, by Marqeta’s debut on the NASDAQ exchange on Wednesday...

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Grab’s $40 Billion SPAC IPO Postponed Until Later This Year
Grab’s $40 Billion SPAC IPO Postponed Until Later This Year
June 09, 2021  |  IPO

Singapore-headquartered super app Grab is postponing its $40 billion initial public offering (IPO) via a merger with the special-purpose acquisition company (SPAC) Altimeter Growth Corp...

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Banks Compete To Meet Rising Demands Of Younger Consumers
Banks Compete To Meet Rising Demands Of Younger Consumers
June 07, 2021  |  Digital Banking

Another day, another entrant to the public markets by a challenger bank, made possible by a special-purpose acquisition company (SPAC) merger. On Monday (June 7),...

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FinTech Dave Going Public Via SPAC At $4 Billion Equity Value
FinTech Dave Going Public Via SPAC At $4 Billion Equity Value
June 07, 2021  |  IPO

Challenger bank startup Dave is partnering with special-purpose acquisition company (SPAC) VPC Impact Acquisition Holdings III (VPCC), sponsored by Victory Park Capital (VPC), with an...

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