SPACs raise record $100 billion in IPOs so far this yearAbout 341 global SPAC IPOs have been brought to the market since the start of this year, with U.S.-listed SPACs dominating the marketplace,...
20 May, 2021, 08.39 PM IST
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...
12 May, 2021, 11.26 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
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...
24 Apr, 2021, 09.21 AM 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
Data skimmersIn today's ETtech Top 5: the personal data of around half a billion LinkedIn users is up for sale online, and more.
09 Apr, 2021, 07.51 PM 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
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 ...
16 Mar, 2021, 06.33 PM IST
Sebi, IFSCA look at setup for ‘blank cheque cos’ in IndiaThe development comes even as the corporate affairs ministry is pushing for norms on direct listing of companies on foreign stock markets —...
12 Mar, 2021, 07.25 AM IST
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...
09 Mar, 2021, 04.28 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
ETtech Evening Briefing on Mar. 4, 2021: WhatsApp calling comes to the laptopWhatsApp brings voice and video calls to laptops. Flipkart eyes US listing via an SPAC, but an IPO is more likely. What are third-party coo...
04 Mar, 2021, 08.26 PM IST
View: SPACs are an interesting bridge solution for investors between private and public marketsSPAC is like the much sought-after VIP ‘break’ darshan at a temple — a side-door entry into public markets, without the scrutiny of going p...
03 Mar, 2021, 11.27 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
ETtech Evening Briefing on Feb 19, 2021: SPACs explained, govt squeezes social mediaSPACs are back from the wilderness. Social media companies may get just 36 hours to junk ‘unlawful’ posts in India. Elon Musk says Bitcoin ...
19 Feb, 2021, 09.29 PM 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
- Amaranth loaded up on Spacs
Let’s just get over it and say something nice about Amaranth Advisors, the latest hedge fund to forget to look up the definition of “hedge”...
23 Sep, 2006, 02.18 AM IST