What is the difference between a SPAC and an IPO of an operating company? A SPAC is formed from capital raised in a traditional IPO. As a publicly-traded entity, a SPAC must satisfy Nasdaq’s ...
They then merge with that target, which allows the target to go public while avoiding the much longer IPO process. At that point, the entity usually is no longer known by the SPAC moniker ...
Special purpose acquisition companies came to dominate IPO issuance at times in 2021. Citigroup extended its leadership in an asset class long core to the bank, making it IFR’s SPAC IPO House of the ...
The SPAC intends to apply to list units on the New York Stock Exchange under the ticker MTNE.U. The SPAC's backers include Lauren Singer, who is the co-founder of a venture firm focused on ...
SPAC would take the Softbank-owned WeWork public, two years after the shared-workspace company's disastrous attempt to file an initial public offering (IPO) in 2019. The Wall Street Journal first ...
In addition to US$2.1bn of SPAC IPO funding, none of which was redeemed, Lucid was able to secure US$2.5bn of PIPE funding at a premium valuation to the SPAC, the first time that had ever happened.
The defense and space company has raised over $215 million ... and Morgan Stanley and Latham & Watkins are expected to lead the IPO, according to The Wall Street Journal. The company, founded ...
Serial energy-focused SPAC creator David Leuschen has filed an S-1 to IPO an eighth special purpose acquisition corporation, CH4 Natural Solutions Acquisition. Citigroup is the sole book-running ...