Global freight booking and payment platform Freightos is going public. The firm said in a Wednesday (Jan. 25) press release that it has closed its previously announced business combination with special purpose acquisition company (SPAC) Gesher I Acquisition Corp., raised more than $80 million to...
Stablecoin company Circle says the SEC is to blame for its failure to go public. The company told the Financial Times (FT) in an interview published Wednesday (Jan. 25) that the $9 billion deal was called off last year not because of the rocky cryptocurrency...
For FinTechs looking to go public, 2023 will not be the year of the SPAC stock listing. If they opt to go public at all, that is. As PYMNTS’ own data shows, the pace of SPAC deals slowed to the low single digits in most...
Sometimes it’s friendly and sometimes it isn’t, but long-planned crypto mergers and SPAC acquisitions have been falling apart in the past month. Since July, five deals for crypto firms’ plans to go public through the back door via mergers with special purpose acquisition companies (SPACs)...
December 19, 2022
For FinTechs looking to go public, 2023 will not be the year of the SPAC stock listing. If they opt to go public at all, that is. As PYMNTS’ own data shows, the pace of SPAC deals slowed to the low single digits in most cases, most notably in payments, shopping and work-related verticals. To […]
August 18, 2021
Travel will rebound beyond the current pandemic and beyond the delta variant — but it’s going to look different. In an interview with Karen Webster, HotelPlanner CEO Tim Hentschel said...
April 19, 2021
Bernie Madoff died last week (April 14) closing a chapter on one part of his historical fraud and massive manipulation of the financial system. As a refresher: The former Nasdaq...
March 29, 2021
Among the hallmarks of the special purpose acquisition (SPAC) go-to-market strategy is that small, quickly growing firms — the ones that are in need of capital but not the tradeoff...
June 01, 2023
First came the SPACs. Now come the legal actions. Special purpose acquisition companies (SPACs) were a super-popular method of going public in recent years. But as Bloomberg News reported Thursday (June 1), those listings have now triggered a wave of litigation from investors who say they got a raw deal. According to the report, these […]
January 25, 2023
Global freight booking and payment platform Freightos is going public. The firm said in a Wednesday (Jan. 25) press release that it has closed its previously announced business combination with...
January 25, 2023
Stablecoin company Circle says the SEC is to blame for its failure to go public. The company told the Financial Times (FT) in an interview published Wednesday (Jan. 25) that...
August 15, 2022
Blank-check company 10X Capital Venture Acquisition Corp and crypto mining outfit Prime Blockchain have called off their planned $1.2 billion merger, yet another sign of the waning enthusiasm for special...
