You Searched For "special purpose acquisition company" and got 13 results
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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
Elon Musk's xAI is luring more investors through special purpose vehicles charging high fees
Musk's AI startup was built out of Twitter. Now it's looking to get investors to chip in at least $…
Kali Hays
2 mins read
Nvidia market cap decline extends to $505 billion after report of antitrust probe by the Justice Department
"Nvidia wins on merit, as reflected in our benchmark results and value to customers, who can choose…
Matthew Fox
1 min read
BYJU's logs nearly ₹10K crore revenue in FY22, tops estimates
In six months from February 2022 till July 2022, the company logged Rs 6,175 crore revenue, brea…
2 mins read
BYJU’s comes under govt scrutiny for not filing financial data for FY21
According to sources, the ministry sent a letter to BYJU's earlier this month, asking the $22 …
18 mins read
How Oracle's biggest-ever acquisition turned deadly
Larry Ellison bet $28 billion that Oracle could revolutionize healthcare. So why are so many patien…
Ashley Stewart,Blake Dodge
3 mins read
OpenAI will need to prove it's in the public's best interest as it becomes a for-profit company
OpenAI plans to restructure into a for-profit public benefit corporation. It will need to show how …
Lakshmi Varanasi
2 mins read
Wholesale grocery retailer Boxed is set to go public in $900 million SPAC deal
Boxed is set to merge with Seven Oaks Acquisition Corp. in a deal that values the combined companie…
Will Daniel
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
5 mins read
Triller is finally a public company after years of false starts. Here's its pitch to investors.
Creator and marketing company Triller went public on the Nasdaq via a reverse merger with a Hong Ko…
Dan Whateley
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
3 mins read
'SPAC King' Chamath Palihapitiya says blank-check companies need more oversight and regulation
"It is time to improve the regulations around the SPAC ecosystem with clear and rigorously enforced…
Will Daniel
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…