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

Iliad’s Niel Teams Up To Launch Organic Foods SPAC In France
Iliad’s Niel Teams Up To Launch Organic Foods SPAC In France
November 30, 2020  |  Investments

Iliad SA Founder Xavier Niel is teaming up with other investors to raise up to $360 million, or 300 million euros, to launch a blank-check...

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Scooter-Rental Firm Bird Rides Inc. In Talks To Go Public Via A SPAC
Scooter-Rental Firm Bird Rides Inc. In Talks To Go Public Via A SPAC
November 16, 2020  |  Partnerships / Acquisitions

Scooter rental startup Bird Rides Inc. is working on a deal with Credit Suisse Group to go public via a special purpose acquisition company (SPAC),...

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Paya CEO On Going Public And The Middle Market’s Business Payments Opportunity
Paya CEO On Going Public And The Middle Market’s Business Payments Opportunity
October 21, 2020  |  IPO

Current market volatility fueled by the global pandemic and subsequent economic disruption may seem to present an inopportune moment for companies to go public. Yet...

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Billtrust To Go Public Via SPAC At $1.3B Valuation
Billtrust To Go Public Via SPAC At $1.3B Valuation
October 19, 2020  |  Investments

B2B order-to-cash solutions provider Billtrust and special purpose acquisition company (SPAC) South Mountain Merger Corporation announced on Monday (Oct. 19) that they have entered into...

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Ex-Uber Exec To File $250M SPAC IPO Backed By Former Google CEO
Ex-Uber Exec To File $250M SPAC IPO Backed By Former Google CEO
October 04, 2020  |  IPO

A former Uber executive is planning to launch a $250 million initial public offering (IPO) for a blank check company whose advisors include billionaire Eric...

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D2C Telehealth Firm Hims Plans SPAC IPO
D2C Telehealth Firm Hims Plans SPAC IPO
October 01, 2020  |  Investments

Hims, a direct-to-consumer (D2C) company selling health products targeted at millennials, is going public via a special purpose acquisition company (SPAC), CNBC reported. Hims was...

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Report: Jeffrey Katzenberg’s Quibi Considers Sale, Other Options
Report: Jeffrey Katzenberg’s Quibi Considers Sale, Other Options
September 21, 2020  |  Business

Quibi, a streaming service app founded by media mogul Jeffrey Katzenberg, is considering its options, including a possible sale, according to The Wall Street Journal....

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Online Home Seller Opendoor To Go Public Via $4.8B SPAC Deal
Online Home Seller Opendoor To Go Public Via $4.8B SPAC Deal
September 15, 2020  |  IPO

Real estate platform Opendoor is set to go public via a merger with blank-check company Social Capital Hedosophia II in a deal that will value...

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Social Capital Hedosophia Launches New SPAC, Seeks $500M
Social Capital Hedosophia Launches New SPAC, Seeks $500M
September 15, 2020  |  Markets

Social Capital Hedosophia is looking to raise $500 million for a new blank check company, Bloomberg writes. The vehicle is a partnership between veteran investors...

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