You Searched For "spac merger" and got 20 results
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2 mins read
Digital World Acquisition Corp. jumps as the SPAC gets more time to gather shareholder approval to extend a merger deadline with Donald Trump's Truth Social
Digital World stretched its vote deadline after landing a $2.8 million deposit in its trust account…
Carla Mozée
3 mins read
How NY's Judge Engoron is tightening the leash on Trump ahead of looming Truth Social merger and fraud judgement deadline
With a Truth Social merger and a half-billion-dollar civil judgment looming, Trump's tumultuous fin…
Laura Italiano
1 min read
Polestar, the Swedish EV maker backed by Volvo and Leonardo DiCaprio, is going public via $20 billion SPAC deal
The company's Polestar 1 and Polestar 2 electric cars are already on roads in Europe, North America…
Carla Mozée
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
BuzzFeed falls 11% in trading debut after going public in merger with blank check firm
The company saw a wave of investor withdrawals before it went public, the Wall Street Journal repor…
Natasha Dailey
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
The competition for SPAC mergers is intensifying, with 260 blank-check firms facing deadlines in the next 18 months, report says
Only two of the 23 SPACs that announced a deal in May were trading above their IPO price by the end…
Matthew Fox
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
2 mins read
BuzzFeed agrees deal to go public via a SPAC merger with 890 Fifth Avenue Partners
Proceeds from the merger would be used towards making further acquisitions, including the publisher…
Shalini Nagarajan
1 min read
Goldman Sachs says it is seeing a "superbloom" of M&A activity as corporations rethink their businesses after the pandemic
David Dubner, Goldman Sachs' global head of M&A, discussed the recent rise in M&A, separation activ…
Will Daniel
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
1 min read
US SEC official warns SPAC dealmakers of the risks and complexities tied to blank-check mergers
A US markets watchdog official on Wednesday warned blank-check company dealmakers to carefully cons…
Shalini Nagarajan
2 mins read
Trump left Truth Social board not long before it got hit with an SEC subpoena, filing shows
The company behind Truth Social is in the process of being acquired by a SPAC and the merger is und…
Isobel Asher Hamilton,Tom Por…
2 mins read
Shares of a SPAC linked to Trump's Truth Social which had risen sharply last week — are down 8% after the former president's arrest
This is a sharp reversal from Friday when Digital World's share prices soared 11%, after Trump's fo…
Huileng Tan
2 mins read
The SPAC taking electric-aircraft maker Archer public has slashed the valuation of the company by $1 billion
The revision supports 'a highly compelling investment thesis' for Archer, the company said about it…
Carla Mozée
1 min read
Donald Trump's media company lays off some employees while waiting for regulators to approve SPAC merger, report says
The company behind Donald Trump's Truth Social has laid off around half a dozen staff, including se…
Kate Duffy
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
2 mins read
Vice Media is in 'advanced talks' to merge with ex-Morgan Stanley exec Jack Leeney's SPAC, report says
Before engaging with Leeney's 7GC & Co., The Information reported Vice held talks with other SPACs,…
Will Daniel
1 min read
Serena Williams-backed SPAC to take digital manufacturing firm Velo3D public in $1.6 billion deal
The merger is expected to occur in the second half of 2021. The combined company will operate as Ve…
Isabelle Lee
1 min read
Rockley Photonics is set to merge with the SPAC SC Health Corp. in a $1.2 billion deal
Rockley Photonics will merge with SC Health Corp. in a transaction that gives the combined company …