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

SPAC Led By Rocket Internet Co-Founder Files For IPO In $250 Million Deal
SPAC Led By Rocket Internet Co-Founder Files For IPO In $250 Million Deal
February 10, 2021  |  IPO

Rocket Internet Growth Opportunities Corp., a blank-check company whose management team includes members of Rocket Internet’s leadership, plans to go public on the New York...

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Will SPACs Become The Hottest New Celebrity Investing Trend?
Will SPACs Become The Hottest New Celebrity Investing Trend?
February 05, 2021  |  Investments

The celebrity SPAC line-up just got a high-profile new player — a quite literal heavy-hitter. Former Yankees all-star third baseman Alex Rodriguez is throwing his...

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Payoneer Set To Go Public In $3.3 Billion Merger With Blank-Check Company
Payoneer Set To Go Public In $3.3 Billion Merger With Blank-Check Company
February 03, 2021  |  IPO

Payments provider Payoneer has agreed to become a public company through a merger with a “blank check” company, FTAC Olympus Acquisition Corp., Bloomberg reported. The...

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Porch Leverages IPO To Bring Digital Technology To Homebuying
Porch Leverages IPO To Bring Digital Technology To Homebuying
February 03, 2021  |  Real Estate

Relocating one’s living quarters can be a great life event (new house) or a devastating one (foreclosure). During the pandemic, Pew Research Center found that...

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Bill Me Later Co-Founders Launch Deep Lake Capital SPAC For FinTech Deals
Bill Me Later Co-Founders Launch Deep Lake Capital SPAC For FinTech Deals
February 03, 2021  |  IPO

Talk about credentials. In the payments and commerce business, Mark Lavelle and Gary Marino certainly have earned theirs. Back in 2000, they were part of...

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SPACs Now Eyeing Asia For Merger Deals
SPACs Now Eyeing Asia For Merger Deals
February 01, 2021  |  IPO

Special purpose acquisition companies, or SPACs, are now eyeing the Asian market for merger deals as they compete to finalize deals before their initial public...

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Simon Property Group, Wheels Up Get In On The SPAC Action
Simon Property Group, Wheels Up Get In On The SPAC Action
February 01, 2021  |  IPO

New year – and on Wall Street, perhaps the same bubble forming. No, not GameStop. You’d be forgiven if the tug of war between hedge...

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Education Platform Nerdy To Go Public By Merging With SPAC
Education Platform Nerdy To Go Public By Merging With SPAC
January 29, 2021  |  IPO

Education gig economy platform Nerdy Inc. has struck a deal to go public by merging with TPG Pace Tech Opportunities, a special purpose acquisition company...

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WeWork Could Merge With SPAC — Or Land Private Investment
WeWork Could Merge With SPAC — Or Land Private Investment
January 28, 2021  |  Investments

In a year in which over 80 new special purpose acquisition companies (SPACs) have made their debut, WeWork is in discussions to merge with a...

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