You Searched For "celebrity spacs" and got 20 results
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2 mins read
The SEC warns investors of buying celebrity-backed SPACs as the blank-check craze persists
John Coates, Acting Director of the SEC's Division of Corporation Finance said the regulator is tak…
Will Daniel
4 mins read
Trying to make sense of Donald Trump's SPAC? We break it down for you.
Shares of Digital World Acquisition Company, which plans to merge with Donald Trump's new social me…
Natasha Dailey
2 mins read
A deal for Colin Kaepernick's SPAC unraveled because the former NFL star wouldn't do TV press for it, report says
The former NFL quarterback balked at requests by The Change Company to appear on "Good Morning Amer…
Carla Mozée
2 mins read
Ride-hailing giant Grab slumps 23% in its Nasdaq trading debut after blockbuster SPAC deal
Grab in April agreed to a mega SPAC merger with Altimeter Growth, valuing the Southeast Asian ride-…
Isabelle Lee
5 mins read
'Shark Tank' investor Kevin O'Leary trumpeted GameStop, slammed celebrity SPACs, and warned of a painful market correction in a recent interview. Here are the 18 best quotes.
The O'Leary Funds boss, known as "Mr. Wonderful," also discussed bitcoin, NFTs, airlines, Robinhood…
Theron Mohamed
5 mins read
The SPAC market is booming, but there are plenty of bad buys. Here's what 8 experts say investors should be looking for in their next SPAC investment.
The recent SPAC boom has brought a wave of investors into risky early-stage businesses - and expert…
Emily Graffeo,Will Daniel
2 mins read
Two new ETFs will be purely exposed to post-SPAC public companies - and one of them is going short
"You can decide how you want to play it, from the long side or the short side," said the CEO of Tut…
Natasha Dailey
1 min read
Goldman Sachs creates SPAC team in Hong Kong amid surging Asian interest in blank-check companies
The strategic team was set up last year but was not made public, according to Reuters.
Isabelle Lee
1 min read
UBS has reportedly barred its advisors from pitching certain SPAC stocks to wealth management clients
UBS is said to be allowing its advisors to trade SPAC stocks for clients only on an unsolicited bas…
Matthew Fox
2 mins read
SPAC boom fades as ETFs tracking blank-check firms crater amid risk-off sentiment
More than 200 SPACs have debuted so far in 2021, raising $70 billion, nearly eclipsing the amount S…
Matthew Fox
2 mins read
The SEC says it's looking closely at the wild earnings projections attached to many SPAC offerings
The SEC said a company would be on "shaky ground" if it disclosed favorable projections and omitted…
Isabelle Lee
1 min read
'The market is a scam': Famed short seller Carson Block says he's ramping up bets against 'predatory' SPACs
Famed short-seller Carson Block is betting even further against SPACs, a market that he calls a 'sc…
Carla Mozée
1 min read
The SEC is looking into Wall Street's SPAC craze and is seeking voluntary information from market participants, report says
The fact that Wall Street banks received requests from the SEC enforcement division indicates this …
Shalini Nagarajan
2 mins read
The CEO of Clean Energy Fuels took to Reddit to talk with fans of the meme stock, continuing a trend of execs talking directly to retail investors
Andrew Littlefair did an "Ask Me Anything" on Reddit to address retail investors pouring into the c…
Natasha Dailey
2 mins read
Churchill Capital Corp. founder Michael Klein is raising $1 billion for a new SPAC
Churchill Capital founder Michael Klein is raising money for his eighth SPAC, Altc Acquisition Corp…
Will Daniel
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
2 mins read
Billionaire Bernard Arnault is launching a SPAC, as the blank-check boom spreads to Europe
Arnault - who owns brands including Christian Dior, Louis Vuitton and Givenchy - is the latest in a…
Harry Robertson
2 mins read
Cereal maker Post Holdings to launch $400 million SPAC as more corporations warm to the blank-check listings
Food brands that are expected to go public in the future that Post could target include Chobani, Ju…
Matthew Fox
3 mins read
Around 130 SPACs have gone public this year - more than in the first 9 months of 2020 - as the Wall Street craze goes into overdrive
The SPAC boom shows no signs of slowing. More than 130 shell companies have floated so far this yea…
Harry Robertson
2 mins read
SoFi is soaring in popularity on Reddit as retail investors look for opportunities in the fintech company following its merger with a Chamath Palihapitiya-backed SPAC
Retail traders are bullish on the stock because of a high short interest and the end of the lockup …