You Searched For "spac ipo" and got 20 results
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1 min read
Trump Media stock rebounds 47% after brutal post-IPO sell-off
Trump Media successfully tested its rising 200-day moving average on Wednesday, a key level of supp…
Matthew Fox
1 min read
Ibotta's IPO just minted more than 150 millionaires, many in Denver, CEO says
"By my calculations, I believe there'll be over 150 people who make at least a million dollars on t…
Matthew Fox
2 mins read
The SPAC-bubble collapse triggered a surge in the number of penny stocks. That's not great news for the market.
There are now hundreds of US-listed stocks trading below a dollar. It's creating market inefficienc…
Filip De Mott
5 mins read
2025 could bring a wave of healthcare IPOs. Here's what startups should know, according to a top banker.
Jon Swope, a Barclays managing director, says some lessons learned in the healthcare industry will …
Rebecca Torrence
1 min read
Elon Musk's SpaceX is reportedly eyeing a 2024 IPO for its Starlink internet satellite business
Starlink, which sends internet access to Earth from satellites, could see around $10 billion in bus…
Phil Rosen
1 min read
Trump Media is being 'absurdly' valued by investors, LinkedIn cofounder says
Trump Media made just $4 million last year and lost $58 million, financial documents show.
Jennifer Sor
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
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
2 mins read
Long-term projections by some SPAC stocks are proving to be wishful thinking as Virgin Galactic misses 2021 revenue target by 98%
Nikola said during its SPAC IPO that it expected to generate about $150 million in revenue in 2021.…
Matthew Fox
2 mins read
WeWork is set to go public via a SPAC deal in October - 2 years after its disastrous IPO attempt
The shared-workspace company expects to list its shares on the New York Stock Exchange under the "W…
Shalini Nagarajan
2 mins read
US IPO activity fell 59% in the 2nd quarter as SPACs dried up following a regulatory crackdown
Special-purpose acquisition company IPOs raised just $6.8 billion in the second quarter compared to…
Harry Robertson
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
A 200% EV IPO bonanza has boosted the wealth of Vietnam's wealthiest person eightfold to over $44 billion
VinFast's stock opened at $22 apiece on Nasdaq — a surge of over 200% from the $10 per share price …
Huileng Tan
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
1 min read
Trump Media has gotten Congress involved in its crusade against short sellers
The Trump Media CEO last week also penned a letter to Nasdaq blaming "naked" short selling for the …
Yuheng Zhan
1 min read
SPAC king Chamath Palihapitiya says higher rates have created a 'wave of destruction' across whole sectors
The famed investor and so-called SPAC king said that the end of zero interest rate policy has creat…
Jennifer Sor
1 min read
WeWork gains 13% in long-awaited trading debut 2 years after failed IPO attempt
WeWork also reported preliminary third-quarter revenue of $658 million, up from $593 million in the…
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
Tom Barrack's SPAC withdraws its IPO filing days after the billionaire was arrested and charged with illegal lobbying
Falcon Acquisition filed for a $250 million IPO in March with the goal of targeting tech-driven bus…
Isabelle Lee
1 min read
Acorns, the app that lets users invest spare change, is going public via SPAC at a valuation of over $2 billion
Acorns' more than 4 million subscribers have nearly $10 billion in assets on the automated investme…