For special-purpose acquisition companies (SPACs), call it the year-end scramble. And perhaps, for B2B firms, platform and payments-focused players among them, the trend may have legs into 2022. To that end, and as reported by CNBC, SPAC issuance on the public exchanges stands at a...
Veteran-focused Black Rifle Coffee Co. is preparing to go public through a special purpose acquisition company (SPAC) merger that would value Black Rifle at $1.7 billion. As The Wall Street Journal reported Tuesday (Nov. 2), the company says the SPAC will allow it to fulfill...
Goldman Sachs has just closed its second billion-dollar special purpose acquisition (SPAC) company deal, with the nuclear measurement and analytics firm Mirion Technologies debuting on the New York Stock Exchange (NYSE) on Thursday (Oct. 21). As CNBC reported, this move marks Goldman’s attempt to alter...
Hong Kong FinTech Hyphen Group is mulling a public offering via a merger with special purpose acquisition company (SPAC) Provident Acquisition Corp., South China Morning Post (SCMP) reported, citing unnamed sources. Backed by Hong Kong billionaire Richard Li Tzar-kai, the SPAC merger could give Hyphen...
Thrasio, a consumer goods company working on omnichannel commerce and an aggregator of third-party Amazon sellers, is pushing off its special-purpose acquisition company (SPAC) merger plans as the company fights to overcome changes on its leadership team, according to a CNBC report on Friday (Oct....
Redemption rates are rising on investments in special-purpose acquisition companies (SPACs), a sign that taking startups public this way has seen its heyday, Financial Times reported on Monday (Sept. 27). In the third quarter of 2021, the redemption rate was 52.4 percent, compared with 21.9...
