- Finance
There is still hope for the special purpose acquisition company market in the UK, according to investment minister Lord Grimstone,…
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- Finance
Two law professors are aiming at high-profile targets, filing suits that question the legality of a specific type of special-purpose…
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- Finance
Fading frenzied demand for meme stocks and cryptocurrencies in the second quarter led user growth rates to decline sharply at…
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- Finance
For years, the UK has looked longingly at the Spac market in the US. As of 11 August, 626 Spacs had…
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- Finance
As BuzzFeed was exploring plans to go public earlier this year, it ran into a problem: Executives at the digital-media…
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- Finance
Sustainability-focused financial technology firm Aspiration Partners is going public through a deal with a special-purpose acquisition company that would value…
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- Finance
The former chief executive of the London Stock Exchange, Xavier Rolet, is leading a new blank cheque vehicle that counts…
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- Finance
When is a blank cheque not a blank cheque? When you have to give it back if no one signs…
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- Finance
Special purpose acquisition companies are not a new phenomenon. They have existed in various forms since the 1980s. But recently,…
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- Finance
The special purpose acquisition company of former Credit Suisse boss Tidjane Thiam is in talks to acquire two companies in…
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- Finance
A fresh chapter for the City begins today, as a new regime governing special purpose acquisition companies comes into force. In a…
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- Finance
Today, special purpose acquisition company investors are waking up to a new landscape. The Financial Conduct Authority’s changes to its…
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- Finance
Blank-check companies are venturing to far-flung locales such as Brazil, Israel and Turkey to find attractive merger targets these days.…
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- Finance
Evidence is mounting that the boom in blank cheque companies is beginning to fade. Figures from S&P Global Market Intelligence…
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- Finance
Pico, a provider of technology services for financial markets, is going public through a deal with a special-purpose acquisition company…
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- Finance
Many investment executives who back special-purpose acquisition companies are scoring big paydays as more deals get completed. Some of their…
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- Finance
City fund management veteran Edward Bonham Carter has called into question the investor benefits of so-called special purpose acquisition companies,…
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- Finance
The Spac boom might be fading away, but trading platform EToro has high hopes that going public through a blank-cheque…
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- Finance
Investors must be allowed to exit a special purpose acquisition company early if it wants to benefit from a smoother regulatory…
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- Finance
The searing market for newly public companies has a new obsession: grills. Two leading sellers of outdoor grills and grilling…
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- Finance
While the boom in special purpose acquisition companies may well be tailing off slightly, market watchers are still waiting for…
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- Finance
The Wall Street boom in blank cheque companies is making its way across the pond, with annual records already smashed…
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- Finance
Credit Suisse Group’s business underwriting blank-check Spacs boomed to start the year. That helped offset other huge problems — most…
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- Finance
The London Stock Exchange has clung on to its title as the top performing European exchange for IPOs, despite a…
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- Finance
Pershing Square Tontine Holdings, a blank-cheque company led by hedge-fund manager William Ackman, said it won’t proceed with its proposed…
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- Finance
Italian luxury house Ermenegildo Zegna will go public on the New York Stock Exchange later this year as part of…
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- Finance
An influential MP has urged the City to back the boom in special purpose acquisition companies to avoid falling behind European…
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- Finance
Nextdoor is merging with a special-purpose acquisition company to go public in a deal valuing the social-media network at roughly…
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- Finance
More than 540 companies have restated their financial accounts in the past three months, higher than every full year since…
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- Finance
Investment banks have pulled in nearly $6bn in fees advising on blank-cheque companies in 2021, nearly double the record set…
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- Finance
Stable Road’s shares fell 10% on 14 July, after the US Securities and Exchange Commission charged the company, its space-exploration…
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- Finance
Listings of special purpose acquisition companies slowed in the second quarter with traditional initial public offerings booming worldwide, overtaking the…
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- Finance
The European Union’s markets watchdog has warned that investments in so-called blank cheque companies “may not be appropriate… for all”. The…
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- Finance
Credit Suisse chief executive, Thomas Gottstein, says the boom in so-called blank-cheque companies that have raised over $100bn in the…
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