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

M&A Deals Hit Record Levels; SPACs Aid Surge
M&A Deals Hit Record Levels; SPACs Aid Surge
June 04, 2021  |  Partnerships / Acquisitions

Global mergers and acquisitions (M&As) have set record amounts for three months in a row, the latest being May. Reuters reported on Friday (June 4)...

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Consumer Savings App Acorns To Go Public Via SPAC At $2.2B Valuation
Consumer Savings App Acorns To Go Public Via SPAC At $2.2B Valuation
May 27, 2021  |  IPO

Acorns Grow Inc., which offers a savings and investing app, is poised to go public by combining with Pioneer Merger Corp, a special-purpose acquisition company...

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Deal Pipeline For Slumping IPOs And SPACs Suggests Rebound May Be Coming
Deal Pipeline For Slumping IPOs And SPACs Suggests Rebound May Be Coming
May 21, 2021  |  IPO

The PYMNTS IPO/SPAC Tracker finds relatively muted announcements of public listings in the payments/financial services space, with a bit more than two dozen bank listings...

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Redbox Strikes Deal To Go Public Via Merger With SPAC
Redbox Strikes Deal To Go Public Via Merger With SPAC
May 17, 2021  |  Retail

Redbox, which operates a nationwide network of entertainment kiosks, said on Monday (May 17) that it has entered into a definitive deal to merge with...

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Hedosophia’s Ian Osborne Eyes Amsterdam Listing Via SPAC
Hedosophia’s Ian Osborne Eyes Amsterdam Listing Via SPAC
May 11, 2021  |  IPO

British investor Ian Osborne — who has been instrumental in propelling the special-purpose acquisition company (SPAC) investment movement in the U.S. — is now trying...

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Report: 30+ Startups Got PPP Loans, Then Merged With SPACs
Report: 30+ Startups Got PPP Loans, Then Merged With SPACs
May 10, 2021  |  Loans

Dozens of companies sought and received federal assistance through the Payroll Protection Program (PPP) that Congress created to help small businesses survive COVID-19 shutdowns, and...

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Flywire’s SEC Filing Highlights  $11.7T Payments Modernization Opportunity
Flywire’s SEC Filing Highlights $11.7T Payments Modernization Opportunity
May 09, 2021  |  IPO

The parade of “disruptors” in the financial services and payments spaces — via public listings on Wall Street — continues. Get the Full Story Complete...

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Report: Stock Prices For SPACs Down 39 Pct
Report: Stock Prices For SPACs Down 39 Pct
May 02, 2021  |  IPO

Shares of special-purpose acquisition companies (SPACs) have fallen out of favor a bit since their all-time highs, the Financial Times reported on Sunday (May 2)....

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Today In Digital-First Banking: LendingClub’s Q1 Loan Originations Increase By 63 Pct; US Bank Provides SPAC Solutions
Today In Digital-First Banking: LendingClub’s Q1 Loan Originations Increase By 63 Pct; US Bank Provides...
April 29, 2021  |  Digital-First Banking

In today’s top news in digital-first banking, LendingClub reported that loan originations grew by 63 percent quarter over quarter, while U.S. Bank is rolling out...

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