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

Circle Valued at $9B Following New SPAC Agreement
Circle Valued at $9B Following New SPAC Agreement
February 17, 2022  |  SPAC

USD Coin issuer Circle has formed a new agreement with special purpose acquisition company (SPAC) Concord Acquisition Corp. that values Circle at $9 billion. Circle...

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SPAC Mergers Fall Off in Early 2022
SPAC Mergers Fall Off in Early 2022
February 14, 2022  |  SPAC

Mergers involving special purpose acquisition companies (SPACs), in which blank-check public companies merge with private ones wanting to go public, are beginning to fall apart,...

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Sen Warren Criticizes PetSmart’s $14B SPAC Plans
Sen Warren Criticizes PetSmart’s $14B SPAC Plans
February 07, 2022  |  SPAC

Sen. Elizabeth Warren has criticized a plan to take PetSmart public via a special purpose acquisition company (SPAC), saying the proposed $14 billion deal underlines...

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SPAC Craze Wanes as More Pull Plug Before Going Public
SPAC Craze Wanes as More Pull Plug Before Going Public
January 21, 2022  |  SPAC

Many special purpose acquisition companies (SPACs), the darlings of Wall Street in 2021, have started the new year by pulling the plug on a public...

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Investment Platform Acorns Calls Off IPO with Pioneer SPAC
Investment Platform Acorns Calls Off IPO with Pioneer SPAC
January 19, 2022  |  IPO

Investing and checking account platform Acorns Grow Inc. is calling off its $2.2 billion initial public offering (IPO) with special purpose acquisition company (SPAC) Pioneer...

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FinTech Dave Inc Announces Nasdaq Debut Following SPAC Merger
FinTech Dave Inc Announces Nasdaq Debut Following SPAC Merger
January 03, 2022  |  SPAC

FinTech Dave Inc. merged with the publicly traded special purpose acquisition company (SPAC) VPC Impact Acquisition Holdings III Inc. and will go public on Nasdaq...

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Platforms Were Payments’ Hot 2021 IPO Theme — Will Profits Follow?
Platforms Were Payments’ Hot 2021 IPO Theme — Will Profits Follow?
January 03, 2022  |  IPO

In the look back through the year that was, it might be too farfetched to say that SPACs and IPOs sizzled in the payments space....

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Kaepernick SPAC Deal With The Change Co. Fizzles
Kaepernick SPAC Deal With The Change Co. Fizzles
December 26, 2021  |  SPAC

Colin Kaepernick’s deal to buy a company with his SPAC, Mission Advancement Corp., has now been killed, The Wall Street Journal (WSJ) writes. The SPAC...

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As 2021 Ends, Valuations a Key Consideration for eComm, Crypto Listings 
As 2021 Ends, Valuations a Key Consideration for eComm, Crypto Listings 
December 22, 2021  |  IPO

It’s been a tumultuous year for the markets – for the slew of crypto firms and online platforms, some of them global in scope –...

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