Sebi plans to come out with framework for SPACsUnder the framework, Sebi may put in place a separate set of regulations on SPAC, whereby detailed listing rules would be provided for such...
24 Jun, 2021, 12.56 PM IST
Blank check firm set up by Manipal's Pai, PE veteran Ajila raises $170M in US IPONasdaq-listed Global Consumer Acquisition Corp to acquire targets with enterprise value of $500 million to $1 billion
15 Jun, 2021, 03.24 PM IST
India-related SPAC raises $170mn on NasdaqSPACs have become extremely popular among investment firms and startups over the past two years.
15 Jun, 2021, 07.22 AM IST
$50 billion worth of SPAC deals could come from India: Rajbikram Nayar, MD, Ontogeny Capital"If you look at the history of SPACs, they date back to the early 1990’s. So it is actually quite an old product. It’s just that up until n...
29 Apr, 2021, 01.34 PM IST
SPACs: The devil lies in the structureSPAC IPO investors tend to be a group of very savvy hedge funds, sometimes referred to as the “SPAC Mafia”, and other large institutional i...
12 Apr, 2021, 05.37 PM IST
Asian SPAC listings face stern test as regulators consider rule changesThe trend to list through Special Purpose Acquisition Companies (SPACs) has seen such floats raise $96 billion in the United States this ye...
30 Mar, 2021, 02.23 PM IST
Round tripping, taxation issues to mar billion dollar ‘SPAC’ dreams of Indian firms, unicornsIndian firms face hurdles akin to those faced by Indian and MNC mergers in past
27 Mar, 2021, 08.50 AM IST
US regulator opens inquiry into Wall Street's blank check IPO frenzy: SourcesThe US Securities and Exchange Commission (SEC) in recent days sent letters to Wall Street banks seeking information on their special purpo...
25 Mar, 2021, 10.54 PM IST
View: Three compelling reasons why India needs to hop on the SPAC bandwagonIf India promotes Spacs, Indian capital markets will benefit from the competitive edge over other Asian markets. Of course, that will requi...
09 Mar, 2021, 11.23 PM IST
Sorry folks, the SPAC party's overEven with prices crashing, SPACs have so far been able to keep raising capital. However, their IPOs are no longer massively oversubscribed
08 Mar, 2021, 03.45 PM IST
SPACs turn to 'stonks' as amateur traders take on more riskAn army of amateur traders that has fueled a rally in heavily shorted stocks, or "stonks," such as GameStop Corp , has discovered the arcan...
01 Mar, 2021, 06.33 PM IST
Renew to merge with US SPAC RMG Corp for $4.4 bn$1.2 bn new money raised from new investors; Goldman Sachs to reman single largest shareholder; ADIA, CPPIB, GIF and Wall St firm to part s...
25 Feb, 2021, 06.37 AM IST
Will you invest in IPO of a company with no history?During the year 2020, SPAC or Special Purpose Acquisition Company raised an estimated Rs 6,15,000 crore in the US. Also known as blank cheq...
15 Feb, 2021, 01.42 PM IST
Should India embrace SPAC, the new alternative to IPO around the world?IPOs are an age-old and well-established methodology for companies to get listed on the capital markets.
08 Feb, 2021, 12.27 PM IST
Renew Power eyes merger with clean energy SPACs for US listingThe Goldman Sachs Group-backed company has already held preliminary discussions with some blank cheque financiers, also known as special pu...
01 Feb, 2021, 10.21 AM IST
SoftBank, armed with billions in cash, joins blank check bingeSoftBank is now looking at ways to deploy the cash it’s raised, and has recently launched an asset management unit that’s putting money int...
14 Oct, 2020, 09.00 AM IST
- HCL Tech to take SPAC route for foreign buyouts
HCL Technologies' founder, Shiv Nadar, told ET that he is planning to raise a blank cheque firm or a SPAC on NYSE Euronext exchange. Thinne...
17 Mar, 2008, 10.20 AM IST