Trump's TRUTH Social app wants to 'fight back against Big Tech'. Here's what his new venture really meansTMTG wants to build a "non-cancellable" global community - including a social media platform, streaming service, news division and alternat...
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...
India-focused SPAC raises $200 million, lists on NASDAQThe blank cheque company is sponsored by GSS Infotech CEO Bhargav Marepally and Prabhu Antony, co-founder of Sett & Lucas.
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...
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
SPAC mania gives way to ‘meh’ as ETFs drop toward all-time lowsThe Defiance Next Gen SPAC Derived ETF (SPAK) plunged as much as 4.1 per cent on Tuesday, extending its year-to-date losses at one point to...
India’s ‘buoyant’ startup culture shut out of global SPAC huntThe number of SPAC deals that have taken Indian companies public on the U.S. stock exchanges remains stuck at exactly three—even as an esti...
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...
Reliance Entertainment CEO Shibashis Sarkar forms SPAC, files for $230 million IPO in USThe company, International Media Acquisition Corp (IMAC), has filed for a $230 million (Rs 1,715 crore) initial public offering in the US a...
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...
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 ...
SPACs vs RBIElsewhere in today’s ETtech Morning Dispatch: The rise of the summarisers; Big Tech firms explore a workaround to India’s new social media ...
Flipkart weighs US listing via SPAC merger but IPO much more likelyA traditional Flipkart IPO is much more likely, even as a growing number of Indian tech startups are considering the SPAC route to public m...
Scoop: Grofers in talks with Cantor Fitzgerald's SPAC for Nasdaq listingSoftBank Vision Fund-backed Grofers is expected to raise between $400 million and $500 million through the Nasdaq listing in May at a valua...
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...
SoftBank’s Vision Fund plans to unveil a blank-check companySoftBank’s experiments beyond its traditional expertise have spooked some investors, including earlier this year when the company traded bi...
View: The IPO rush in the US illustrates the capital opportunity the government of India is wastingThere is a mass of capital out there hungry for profitable deployment and raring to finance infrastructure and revive growth in India, if o...