You Searched For "blank check" and got 20 results
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4 mins read
SEBI working on a model offer document for firms to 'fill in the blanks' to get IPO approvals, says Buch
SEBIs Madhabi Puri Buch revealed initiatives to speed up IPO approvals with a new templated approac…
PTI
1 min read
Trump Media insiders sell nearly 11 million shares after lock-up period expires
The seller is the investment partnership of former "Apprentice" contestants Andrew Litinsky and Wes…
Filip De Mott
4 mins read
Hindenburg alleges Sebi head Madhabi Buch had stakes in obscure offshore funds used in Adani scandal
Citing "whistleblower documents", it said, "Madhabi Buch, the current chairperson Of SEBI, and …
PTI
2 mins read
The SEC is taking aim at SPACs with proposed rules to make disclosures more like those in a traditional IPO
The watchdog's proposal calls for more disclosures around conflicts of interest between sponsors an…
Shalini Nagarajan
1 min read
Top SPAC issuer Citigroup will reportedly halt blank-check IPOs after the SEC signals tougher stance
The top SPAC underwriter of 2021 is pausing its SPAC deals amid new rules proposed by the SEC, Bloo…
Phil Rosen
1 min read
Trump Media tumbles 18% after taking the first step towards unlocking early insider stock sales
The Truth Social parent company has filed to allow insiders, such as former president Donald Trump,…
Filip De Mott
2 mins read
A pilot on a Boeing plane that plummeted midair said his 'gauges just kind of went blank on me,' passenger says
A passenger on a Boeing 787-9 Dreamliner that plunged sharply said the pilot told him afterwards th…
Mia Jankowicz
1 min read
SPAC king Chamath Palihapitiya says the Fed crushed the bubble in blank-check firms, and swears he's not responsible for the poor performance of companies he took public
"The long-term regime in which we operate has changed," the SPAC King said. "That is not in the con…
Jennifer Sor
2 mins read
Billionaire investor Chamath Palihapitiya files for 4 new biotech-focused SPACs that seek to raise $800 million
The latest additions build on Palihapitiya's roster of 6 special-purpose acquisition companies alre…
Shalini Nagarajan
2 mins read
Chamath Palihapitiya among SPAC sponsors asked by senators about potential conflicts of interest
The senators said industry insiders can "take advantage of ordinary investors" such as making "over…
Isabelle Lee
1 min read
An exchange for trading in shares of private companies is going public via $2 billion SPAC deal
Forge Global expects to raise $500 million in the offering, the Wall Street Journal reported on Mon…
Max Adams
2 mins read
Nearly 50 law firms have banded together to voice their defense of SPACs as lawsuits mount against blank-check firms
A group of law firms "view the assertion that SPACs are investment companies as without factual or …
Carla Mozée
2 mins read
The UK is easing rules around SPACs to entice more listings of the blank-check companies
Revisions to the rules include waiving the suspension of SPAC listings once firms reveal their deal…
Isabelle Lee
1 min read
Nextdoor raises $686 million at an implied valuation of $4.3 billion and says it will go public via a SPAC
The neighbourhood-based social network plans to list on the Nasdaq exchange through a Khosla Ventur…
Anna Cooban
1 min read
Bill Ackman's long-awaited SPAC deal for 10% of Universal Music reportedly faces pushback
Pushback is coming from Artisan Partners, one of Universal Music Group's big shareholders, Bloomber…
Isabelle Lee
2 mins read
The SEC is tightening rules around insider trading to protect ordinary investors from the risk of improper trades by company execs
The proposal could introduce some limitations to company insiders, such as having to wait between f…
Shalini Nagarajan
1 min read
Mark Cuban-backed banking app Dave to go public via SPAC merger at a $4 billion valuation
Founded in 2017, Dave said it has helped Americans avoid billions of dollars in overdraft fees char…
Isabelle Lee
2 mins read
SPACs will drive $300 billion in M&A activity over the next 2 years after a monstrous 2020, Goldman says
The hunt for yield, a new focus on growth stocks, and participation from retail investors are drivi…
Shalini Nagarajan
3 mins read
McCarthy refuses Zelenskyy's invitation to visit Kyiv, reiterating that he's against 'blank checks' for Ukraine
There is a vocal group of GOP lawmakers allied with former President Donald Trump who are fervently…
John Haltiwanger
3 mins read
Legendary investor Jeremy Grantham made an accidental $265 million profit on a SPAC deal after previously criticizing blank-check companies
Despite his gains, Grantham views SPACs as a "reprehensible instrument, and very very speculative b…