Special Purpose Acquisition Companies (SPAC)
A Special Purpose Acquisition Company (SPAC), also known as "blank check company," is a company with no commercial operations that is formed strictly to raise capital through an initial public offering (IPO) for the purpose of buying an existing company.
Special Purpose Acquisition Company (SPAC) News
Bitcoin's new highs & Trump Media proposed SPAC merger have retail traders in a frenzy
HELSINKI (AP) — The Chinese-controlled Swedish car maker Volvo Cars will make a return as a listed company after a hiatus of more than two decades following an initial public offering and share listing...
NEW YORK (AP) — It's one of the downsides of apps that make things like ordering food or buying stocks and cryptocurrencies easier: What happens when something goes wrong?
LONDON (AP) — Swedish automaker Volvo said Monday it plans to raise at least 25 billion kroner ($2.9 billion) by selling shares to fund its electric vehicle transformation strategy.
NEW YORK (AP) — The spectacular run for the investing phenomenon known as SPACs, once the hottest thing on Wall Street, has fizzled so much that many have been relegated to the bargain bin.
A U.S. government committee that reviews foreign investment in telecom is probing videoconferencing company Zoom's $14.7 billion deal for cloud call center company Five9.