You Searched For "spac deals" and got 20 results
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1 min read
Donald Trump's first win of the 2024 election season ignites 239% rally in Truth Social-linked SPAC
Digital World Acquisition has been seeking a merger with Trump's Truth Social media platform since …
Matthew Fox
2 mins read
Channing Tatum-backed Manscaped to go public via SPAC merger at $1 billion valuation
The company expects to surpass over $500 million in revenue by 2023 thanks to international growth …
Isabelle Lee
2 mins read
Stablecoin issuer Circle terminates $9 billion SPAC deal as crypto winter rages on
"We are strong, growing, profitable and in the best financial position we've ever been in," Circle'…
Morgan Chittum
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
SEC chief Gary Gensler says he's asked staff to propose tougher SPAC rules so that investors aren't sucked in by hype
"The investing public may not be getting like protections between traditional IPOs and SPACs," Secu…
Shalini Nagarajan
2 mins read
The SEC reportedly derailed stablecoin issuer Circle's plans to go public in a $9 billion SPAC deal
Despite the terminated deal, Circle said that it's "necessary, appropriate and reasonable for the S…
Morgan Chittum
3 mins read
Chamath Palihapitiya's 4 blockbuster SPAC mergers have tumbled 32% this year as investors ditch flashy growth stocks
Clover Health has plunged 76% in 2021, and Virgin Galactic is down 36%, in a tough year for billion…
Harry Robertson
1 min read
FaZe Clan will go public in a SPAC merger valuing the gaming organization at around $1 billion
FaZe Clan centers around competitive esports teams that play titles like "Fortnite Battle" and "Cal…
Carla Mozée
1 min read
A SPAC run by Billy Beane of 'Moneyball' fame is in talks to merge with SeatGeek
RedBall Acquisition earlier this year was in talks to acquire a minority stake in the owner of the …
Carla Mozée
2 mins read
Forbes is going public via $630 million SPAC merger with Magnum Opus Acquisition
The transaction, which is expected to close in the fourth quarter or first quarter 2022, will be us…
Isabelle Lee
2 mins read
Billionaire investor Bill Ackman's SPAC is reportedly being sued for not operating as a blank-check firm
"Investing in securities is all the company has ever done since its IPO," the complaint said, notin…
Isabelle Lee
2 mins read
A Republican congressman who blamed Trump for inciting an insurrection just invested thousands in his new social media company
Larry Bucshon blamed Trump's "dangerous rhetoric" for inciting an insurrection. Now, he's investing…
Bryan Metzger
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
2 mins read
The lawyers that sued Bill Ackman's SPAC are reportedly targeting 50 more as the merger boom deflates
The lawsuit against Ackman's Pershing Square Tontine Holdings has led Ackman to pursue alternative …
Matthew Fox
1 min read
Another SPAC deal falls apart after Topps trading cards terminates merger with sponsor
The decision to terminate the SPAC deal came just one week before shareholders were set to vote on …
Matthew Fox
2 mins read
Inside Ginkgo's SPAC deal
These are Insider's biggest healthcare stories for June 3.
Lydia Ramsey Pflanzer
1 min read
The SEC is reportedly looking into conflicts of interest among major banks in the SPAC deal-making process
The SEC has requested information from top SPAC underwriters including Morgan Stanley, Citigroup, a…
Isabelle Lee
2 mins read
A handful of heavily shorted SPACs are being squeezed higher as investors redeem shares ahead of final merger
Most SPACs have redemption rights, which give shareholders the right to sell their shares back to t…
Matthew Fox
1 min read
Peter Thiel-backed crypto exchange Bullish to go public via $9 billion SPAC merger
Bullish was launched by Block.One, a blockchain company backed by Thiel as well as prominent hedge …
Isabelle Lee
1 min read
SPAC volatility forces SeatGeek and Billy Beane of 'Moneyball' fame to shelve merger plans as the boom in blank-check deals fades
"Unfavorable" market conditions are "particularly impacting growth technology companies," the SPAC …