Data intelligence firm Near to go public via $1 billion SPAC dealStarted in 2012, Near offers insights to giants like Ford, Dunkin Donuts and MetLife.
Budget 2022: Firms want FM to pave way for foreign listingThis change, if carried out in the upcoming budget, will also give a push to fund raising through special purpose acquisition companies or ...
Europe's IPO market roars back to life but where are the SPACs?SPACs became one of Wall Street's hottest investment trends last year as many retail investors stuck at home during COVID-19 lockdowns plac...
How Wall Street's hottest dealmaking trend fizzledBoehly's SPAC deal would have taken Sportradar public in New York without the need for a heavily regulated IPO, which restricts companies' ...
Forbes to go public via $630 mln SPAC merger to expand consumer businessForbes, one of the oldest media outlets in the United States, will merge with Hong Kong-based Magnum Opus Acquisition Ltd, a SPAC led by Jo...
Forbes magazine publisher to go public via $630 million SPAC mergerForbes, one of the oldest media outlets in the United States, will merge with Magnum Opus Acquisition Ltd, a special purpose acquisition co...
Ackman seeks SPAC relaunch to fix lawsuit's 'harm'The lawsuit, filed by former US Securities and Exchange Commissioner Robert Jackson and others on behalf of a Tontine shareholder, argues t...
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...
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...
Singapore, Mauritius may be preferred route to raise funds via SPACMauritius and Singapore could be the preferred investment route for investors raising funds through Special Purpose Acquisition Company (SP...
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
Why India needs to look before it leaps on the SPAC bandwagonThese ‘blank cheque companies’ have no business plans except to acquire a private company using money raised from an IPO, thereby enabling ...
The rise of blank cheque companies: It's about time the government sat up and took noteSpacs are investment vehicles that raise capital from investors in an IPO to invest or acquire a target, which is generally not identified ...
The phenomenon that is SPACsFrom Flipkart to Grofers, Indian startups are looking at special purpose acqusition vehicles, or SPACs, for listing in the US, instead of t...
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...
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...
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...