Displaying 28 results
Trump Media: A great stock to avoid altogether, advisors say
Stock is a 'great way to destroy wealth' but that may not stop some of the former president's supporters.
Digital investment platform Linqto to list on Nasdaq via SPAC
The transaction values the firm at $700 million and will drive growth.
SEC approves tougher rules for blank-check deals
After surging during the pandemic, SPACs have fallen out of favor, and the agency's new rules could further reduce investor interest.
Deadline set for broker-dealer merger with SPAC
The deal between broker-dealer aggregator Wentworth and Kingswood SPAC must be completed by late November.
Schorsch SPAC fails to get off the ground
G&P Acquisition Corp.'s announcement that it will liquidate and redeem its shares because of its inability to launch comes after the NYSE said earlier this month that it was delisting the company's warrants.
SPAC boom over, NYSE moves to delist warrants of Schorsch-backed company
The exchange said the warrants weren't suitable for listing because of their extremely low pricing.
Tiedemann SPAC deal clears major hurdle to listing
The RIA says a vote by the shareholders of the SPAC, Cartesian Growth Corp., to approve the deal has been scheduled for next month.
Wentworth broker-dealer is going public via SPAC
The deal, which values the firm at $208 million, will take the enterprise public later this year as Binah Capital Group.
Goldman is pulling out of most SPACs over threat of liability
The firm, which was the second-biggest underwriter of special purpose acquisition companies last year, has been telling sponsors of the vehicles it will end its involvement, sources said.
SEC plans to curb bullish SPAC forecasts and add more disclosures
Blank-check companies would be required to disclose more information about their sponsors and potential conflicts of interest under the agency's new plan.
Gensler targets SPAC disclosures
The SEC chairman's comments were the strongest signal to date that he'll push for much tougher rules for special purpose acquisition companies.
Finra targets SPACs in latest exam sweep
Proponents say special purpose acquisition companies help ordinary investors participate in private equity markets. Regulators are concerned about conflicts and fees in the complicated public offerings.
MoneyLion makes trading debut after SPAC merger
MoneyLion, fintech founded in 2013, joins the ranks of other recently public fintechs like SoFi, Robinhood and Square’s Cash App.
Tiedemann-led RIA SPAC sets sizable growth targets
The combined company, called Alvarium Tiedemann Holdings, is shooting to have more than $100 billion in client assets in five years.
Tiedemann Group, Alvarium to merge via a SPAC
The two firms will use the SPAC, Cartesian Growth Corp., to form Alvarium Tiedemann Holdings.
SEC names new leader for unit that reviews SPACS, climate rules
Law professor Renee Jones will run the agency's division of corporation finance, making her the first Black woman to lead one of the SEC's four major divisions.
Fintech Stash weighs options for going public
The robo-adviser raised $125 million in a February funding round, for a $1.4 billion valuation.
SEC chairman signals more scrutiny of crypto, SPACs
Gensler told lawmakers Wednesday that special purpose acquisition companies and digital coins pose significant policy and investor-protection questions.
Warren Buffett sees ‘red hot’ economy with creeping inflation
The Berkshire Hathaway CEO attributed the faster-than-expected recovery to swift rescue measures by the Federal Reserve and the U.S. government.
SEC to Wall Street: SPACs aren’t a way around securities laws
Claims that promoters face less legal liability than a traditional public offering are “uncertain at best,” a top SEC official said in a statement.
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