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

Mortgage Lender Better.com Plans SPAC Listing
Mortgage Lender Better.com Plans SPAC Listing
August 13, 2023  |  SPAC

Digital mortgage lender Better.com is set to go public later this month. The company said in a securities filing Friday (Aug. 11) that it will combine with Aurora...

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Uber-Supported Serve Robotics Raises $30 Million for AI Robotic Delivery
Uber-Supported Serve Robotics Raises $30 Million for AI Robotic Delivery
August 10, 2023  |  artificial intelligence

Serve Robotics has completed a go-public transaction and raised $30 million in financing to support scaling its artificial intelligence (AI) powered robotic delivery experience. This...

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Report: Surf Air to Go Public Via Direct Listing
Report: Surf Air to Go Public Via Direct Listing
May 28, 2023  |  Transportation

Private plane operator Surf Air Mobility is reportedly preparing to go public. The Los Angeles-area company’s filing for a direct listing could come as soon as next...

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SeatGeek Reportedly Files Confidentially for IPO Amid Events Industry Boom
SeatGeek Reportedly Files Confidentially for IPO Amid Events Industry Boom
April 19, 2023  |  IPO

SeatGeek has reportedly filed confidentially for an initial public offering (IPO). The event ticketing firm is making the move as people continue to return to...

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SPAC Companies Heave Under Billions of Goodwill Write-Downs
SPAC Companies Heave Under Billions of Goodwill Write-Downs
April 09, 2023  |  SPAC

The recent wave of SPAC mergers led to billions in goodwill write-offs last year. The trend — reported recently by The Wall Street Journal —...

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SPAC Evo Acquisition Receives Noncompliance Letters From Nasdaq
SPAC Evo Acquisition Receives Noncompliance Letters From Nasdaq
April 06, 2023  |  SPAC

Evo Acquisition Corp. has received two noncompliance letters from Nasdaq. The special purpose acquisition company (SPAC) received a letter on April 3 notifying it that...

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Boxed Bankruptcy Shows Cracks in Pandemic’s SPAC Funding Frenzy
Boxed Bankruptcy Shows Cracks in Pandemic’s SPAC Funding Frenzy
April 04, 2023  |  Retail

It seems like a lifetime ago — SPACs were the “it” way to take companies public. And during the pandemic, eCommerce delivery businesses were the...

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Crypto IPO Listings Wither Under SEC Spotlight
Crypto IPO Listings Wither Under SEC Spotlight
January 24, 2023  |  IPO

Cryptocurrency firms are facing new levels of government scrutiny as they try to go public. At least three companies — Bullish Global, Circle Internet Financial, and eToro...

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January’s FinTech SPAC Freeze Reflects Widespread Chill on Wall Street
January’s FinTech SPAC Freeze Reflects Widespread Chill on Wall Street
January 20, 2023  |  SPAC

The special purpose acquisition company (SPAC) may not be dead, but its pulse is pretty faint. January has thrown a deep chill for public listings...

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