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

Today In Payments: US SPAC Tailwind Hunting For European Unicorns; Zoom Expects Post-Pandemic Business To Remain Brisk
Today In Payments: US SPAC Tailwind Hunting For European Unicorns; Zoom Expects Post-Pandemic Business To...
March 02, 2021  |  News

In today’s top news, SPAC Tailwind is hunting for a European tech unicorn to take public, and Zoom expects remote business demand to continue post-pandemic....

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US SPAC Tailwind Hunting For European Unicorns To Take Public
US SPAC Tailwind Hunting For European Unicorns To Take Public
March 02, 2021  |  Investments

Tailwind International, a U.S. special purpose acquisition company (SPAC), is on the hunt for European tech unicorns to take public, according to The Financial Times...

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Red-Hot IPO Market Draws Payments Firms, FinTechs
Red-Hot IPO Market Draws Payments Firms, FinTechs
February 28, 2021  |  IPO

By any measure, initial public offerings (IPOs) were hot last year, buoyed in part by the embrace by retail investors of special purpose acquisition companies...

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Berkshire Grey Partners With SPAC Revolution Acceleration Acquisition
Berkshire Grey Partners With SPAC Revolution Acceleration Acquisition
February 24, 2021  |  Partnerships / Acquisitions

Berkshire Grey (BG) has closed a deal with the special purpose acquisition company (SPAC) Revolution Acceleration Acquisition Corp (RAAC) to file a public offering with...

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B Capital Joins SPAC Frenzy With $300 Million IPO
B Capital Joins SPAC Frenzy With $300 Million IPO
February 22, 2021  |  IPO

B Capital Technology Opportunities, a special purpose acquisition corporation (SPAC), or blank check company, birthed from B Capital Group, has filed paperwork for an initial...

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Singapore May List Blank-Check Companies, Or SPACs, This Year
Singapore May List Blank-Check Companies, Or SPACs, This Year
February 18, 2021  |  IPO

The Singapore Exchange, a major stock market in Asia, has reportedly been considering the idea of listing blank-check companies. Now, CEO Loh Boon Chye said...

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Lakestar’s Klaus Hommels Latest To Join SPAC Craze In Europe
Lakestar’s Klaus Hommels Latest To Join SPAC Craze In Europe
February 17, 2021  |  Acquiring

Klaus Hommels, founder of venture capital firm Lakestar, launched a special purpose acquisition company (SPAC) on Wed. (Feb. 17), Lakestar SPAC I SE, with the...

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Indonesian Travel Startup Traveloka Looks To Enter Public Markets Via SPAC
Indonesian Travel Startup Traveloka Looks To Enter Public Markets Via SPAC
February 16, 2021  |  IPO

Online travel startup Traveloka is aiming to launch a “blank-check” company with a listing in the U.S. this year. Ferry Unardi, the Indonesian company’s CEO,...

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Indian Online Supermarket Grofers Eyes Going Public Via SPAC
Indian Online Supermarket Grofers Eyes Going Public Via SPAC
February 11, 2021  |  Investments

Grofers, an Indian online grocer, is looking at taking itself public in the U.S. by merging with a blank-check company. Such a move would be...

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