SPAC - Latest News, Analysis, Opinion

Jumplist

Latest Articles in SPAC

SoftBank Reaches Settlement With Former WeWork CEO Neumann

Companies & Markets

SoftBank, which poured more than $13.5 billion into WeWork, was pulled into the legal dispute with directors at WeWork after backing out of the $3 billion tender offer agreed when it bailed out the office-sharing firm following a flopped IPO attempt.

Auto Startups Chasing Tesla Race Past Red Flags To Go Public

BW Online Bureau

Companies & Markets Sector Reports

Fisker Inc boasts an "asset light" business model that is heavily dependent on using partners both for a vehicle platform and a manufacturing plant - neither of which were locked in before it announced its SPAC deal in July.

Electric Vehicle Charging Network Chargepoint To Go Public At $2.4 Billion Valuation

BW Online Bureau

Companies & Markets Sector Reports

ChargePoint's revenue was $147 million last year and the company said if the North American auto industry's penetration rate for EVs hits 3% from 1.9% now

Electric Vehicle Charge Network Chargepoint Nears Deal To Go Public

BW Online Bureau

Companies & Markets Sector Reports Auto

Switchback Energy is a special-purpose acquisition company (SPAC) which raised $300 million in an initial public offering in July 2019.

Wall Street Holds The Cards As Main Street Chases Blank-Check Deal Frenzy

BW Online Bureau

Companies & Markets Markets

PIPE deals have helped push SPAC acquisitions in 2020 to a record $27.4 billion, including debt, with a further $35.2 billion worth of deals announced and pending completion.

Ackman Seeks $3 Billion For Largest-Ever Blank-Check Company

BW Online Bureau

Companies & Markets Sector Reports

Ackman's vehicle will handily beat out former Citigroup Inc executive Michael Klein's Churchill Capital Corp, which raised $1.1 billion, as the largest ever SPAC.