You Searched For "trump spac raising 1 billion" and got 20 results
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1 min read
Digital World Acquisition Corp. jumps 29% as merger partner Trump Media eyes $1 billion fundraise
Trump Media & Technology Group is already in line to receive $293 million if its deal to go public …
Carla Mozée
1 min read
Former Trump Cabinet member Wilbur Ross files to form $345 million SPAC - and top Trump economist Larry Kudlow is joining as a director
So far in 2021, 100 SPACs have gone public and raised more than $29 billion, according to data from…
Matthew Fox
2 mins read
Former Trump adviser and Goldman Sachs COO Gary Cohn is the latest prominent figure to join Wall Street's 'blank-check' IPO mania
Cohn Robbins Holding Corp, the name of Cohn's SPAC is looking to sell 60 million units in an IPO at…
Saloni Sardana
2 mins read
Retail traders are cheering Trump's deal to make SPACs great again as Digital World Acquisition Corp. extends triple-digit gains
DWAC is going to be "YUUUUGE" one trader on a Reddit investing thread said following the deal's ann…
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
Trump's digital media venture says it has lined up $1 billion from investors for his forthcoming social media platform, TRUTH Social
Trump said in a statement on Saturday that the investment will put his company "in a stronger posit…
Bethany Biron
2 mins read
The number of public listings by zero-revenue companies valued above $1 billion currently exceeds the dot-com era
Sixteen pre-revenue firms have gone public or expect to go public in 2021 with a valuation over $1 …
Will Daniel
2 mins read
Billionaire Bill Ackman lifts acquisition company's IPO target to record $4 billion
Ackman hasn't yet revealed which company he aims to buy, but his firm has revealed interest in "hig…
Ben Winck
1 min read
Investment banker Ken Moelis is aiming to raise $1.2 billion from three new SPACs
Investment heavyweight Ken Moelis is planning to raise $1.2 billion from three new SPACs that are b…
Carla Mozée
1 min read
KKR raises $1.2 billion for new SPAC with plans to merge with consumer or retail company
The SPAC increased the size of the offering, selling 120 million units after originally marketing t…
Isabelle Lee
1 min read
Hedge fund billionaire Paul Singer's Elliott Management is looking to raise over $1 billion to fund a SPAC, report says
Many hedge fund competitors had already raised their own blank-check firms, but until now Singer's …
Shalini Nagarajan
3 mins read
The London Stock Exchange is exploring how to lure SPACs to the UK, a report says
More than $48 billion was raised from blank check companies in the US since the start of the year c…
Saloni Sardana
2 mins read
219 'blank-check' companies raised $73 billion in 2020, outpacing traditional IPOs to make this the year of the SPAC, according to Goldman Sachs
The biggest SPAC of the year goes to Bill Ackman's Pershing Square Tontine Holdings, which raised $…
Matthew Fox
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
1 min read
Former baseball superstar Alex Rodriguez files to form $575 million SPAC as IPO craze continues
Unlike Billy Beane's Redball Acquisition Corp., Slam is not seeking to acquire a professional sport…
Matthew Fox
2 mins read
Billionaire investor Chamath Palihapitiya reportedly plans to raise $500 million with 4th SPAC as blank-check spree continues
The news comes hours after Palihapitiya confirmed Social Capital Hedosophia's second SPAC will merg…
Ben Winck
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 red-hot SPAC market is cooling off as first-day trading spikes evaporate
14 out of 15 SPACs that went public last week traded below their $10 IPO price as the red-hot SPAC …
Will Daniel
2 mins read
Singaporean ride-hailing giant Grab is reportedly set to list in the US via a SPAC merger at a $35 billion valuation
The rideshare giant Grab could raise $2.5 billion in a merger with the SPAC Altimeter Growth 1, acc…
Will Daniel
2 mins read
Trump's new social media company is under investigation by the US Securities and Exchange Commission
Trump's new digital media venture — TRUTH Social — and its SPAC partner recently announced that it …