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

Real Estate Startup Opendoor In Talks To Go Public
Real Estate Startup Opendoor In Talks To Go Public
September 13, 2020  |  Partnerships / Acquisitions

Opendoor, a San Francisco-based startup that offers a one-stop-shop for buying and selling real estate, is negotiating to go public with a California blank-check company,...

READ MORE >
SPAC Starboard Value Acquisition Launches $360M IPO
SPAC Starboard Value Acquisition Launches $360M IPO
September 10, 2020  |  Investments

“Blank check” company Starboard Value Acquisition Corp. announced on Thursday (Sept. 10) that it had priced its upsized 36-million-unit initial public offering at $10 per...

READ MORE >
Walmart+, Amazon Pay, and The Battle For The Digital Consumer Top This Week’s News
Walmart+, Amazon Pay, and The Battle For The Digital Consumer Top This Week’s News
September 04, 2020  |  The Weekender

Labor Day weekend is here, bring us some welcome respite from a long summer. The PYMNTS Weekender has all the latest reading material on payments...

READ MORE >
Today In Payments: Barr Plans To File Google Antitrust This Month; Instacart Announces Deal With 7-Eleven
Today In Payments: Barr Plans To File Google Antitrust This Month; Instacart Announces Deal With...
September 04, 2020  |  News

In today’s top news, U.S. Attorney General William Barr plans to file an antitrust case against Google this month, and Instacart announced a deal with...

READ MORE >
SPAC Investor Ackman In Limited Talks With Stripe For IPO
SPAC Investor Ackman In Limited Talks With Stripe For IPO
September 03, 2020  |  IPO

Billionaire investor Bill Ackman said he’s had preliminary discussions with Airbnb and Stripe, among others, about helping them to go public, Bloomberg reported. The process...

READ MORE >
Utz And The (Public) Lure Of A Snack SPAC
Utz And The (Public) Lure Of A Snack SPAC
August 31, 2020  |  IPO

In the consumer packaged goods space, snack SPACs are showing some teeth. Special purpose acquisition companies – or SPACs, as they are more commonly known...

READ MORE >
SPACs ‘Not A Fit For Every Company’ Says DraftKings Chief
SPACs ‘Not A Fit For Every Company’ Says DraftKings Chief
August 30, 2020  |  Investments

Fantasy gaming company DraftKings CEO Jason Robins thinks the special purpose acquisition company (SPAC) market might be getting a little too big and hopes it...

READ MORE >
Retail’s Digital Shift, SPACs, And DoorDash’s IPO Plans Top This Week’s News
Retail’s Digital Shift, SPACs, And DoorDash’s IPO Plans Top This Week’s News
August 28, 2020  |  News

It’s the end of another week and the end of a busy month. The PYMNTS Weekender is here to catch you up on the latest...

READ MORE >
Bancorp Founder Betsy Cohen To Take New SPAC Public
Bancorp Founder Betsy Cohen To Take New SPAC Public
August 26, 2020  |  IPO

Betsy Cohen, who founded and formerly operated The Bancorp, is planning to take a $750 million shell company public this week. CNBC reported that FTAC...

READ MORE >