scorecard

You Searched For "blank check company" and got 20 results


Sort By:


Business Insider Latest Story Image
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   


Business Insider Latest Story Image
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   


Business Insider Latest Story Image
2 mins read

Billionaire investor Chamath Palihapitiya files for 4 new biotech-focused SPACs that seek to raise $800 million

The latest additions build on Palihapitiya's roster of 6 special-purpose acquisition companies alre…

Shalini Nagarajan   


Business Insider Latest Story Image
2 mins read

Chamath Palihapitiya among SPAC sponsors asked by senators about potential conflicts of interest

The senators said industry insiders can "take advantage of ordinary investors" such as making "over…

Isabelle Lee   


Business Insider Latest Story Image
2 mins read

eToro postpones plans to go public via SPAC to the 4th quarter, citing regulatory delay

Trading app eToro is pushing back its plans to go public to the fourth quarter. The company first a…

Isabelle Lee   


Business Insider Latest Story Image
1 min read

An exchange for trading in shares of private companies is going public via $2 billion SPAC deal

Forge Global expects to raise $500 million in the offering, the Wall Street Journal reported on Mon…

Max Adams   


Business Insider Latest Story Image
2 mins read

Nearly 50 law firms have banded together to voice their defense of SPACs as lawsuits mount against blank-check firms

A group of law firms "view the assertion that SPACs are investment companies as without factual or …

Carla Mozée   


Business Insider Latest Story Image
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   


Business Insider Latest Story Image
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   


Business Insider Latest Story Image
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   


Business Insider Latest Story Image
1 min read

Nextdoor raises $686 million at an implied valuation of $4.3 billion and says it will go public via a SPAC

The neighbourhood-based social network plans to list on the Nasdaq exchange through a Khosla Ventur…

Anna Cooban   


Business Insider Latest Story Image
3 mins read

Legendary investor Jeremy Grantham made an accidental $265 million profit on a SPAC deal after previously criticizing blank-check companies

Despite his gains, Grantham views SPACs as a "reprehensible instrument, and very very speculative b…

Ben Winck   


Business Insider Latest Story Image
2 mins read

The SEC is tightening rules around insider trading to protect ordinary investors from the risk of improper trades by company execs

The proposal could introduce some limitations to company insiders, such as having to wait between f…

Shalini Nagarajan   


Business Insider Latest Story Image
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   


Jennifer Sor   


Business Insider Latest Story Image
1 min read

Digital-news outfit Vice Media is eyeing a $3 billion SPAC merger - half its worth 4 years ago, report says

That would be a discount from Vice's $5.7 billion valuation four years ago when it secured a $450 m…

Shalini Nagarajan   


Business Insider Latest Story Image
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   


Business Insider Latest Story Image
2 mins read

Elon Musk says the SEC is sometimes too close to Wall Street hedge funds - and it's strange the regulator isn't clamping down more on some SPACs

Around $100 billion has already been raised across US SPACs so far this year, surpassing last year'…

Shalini Nagarajan   


Business Insider Latest Story Image
2 mins read

There were no new SPAC debuts last week for the first time since March 2020, as signs point to the end of the blank-check craze

Bespoke Investment Group said 20 names in the SPAK ETF have lost roughly 50% since mid-February, wi…

Carla Mozée   


Business Insider Latest Story Image
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