SPAC

A video platform created to be neutral and attract big names free from censorship announced a SPAC merger to go public. The SPAC Deal: Rumble Inc announced a SPAC merger with CF Acquisition Corp VI (NASDAQ: CFVI) Wednesday after market close. The deal values Rumble at an enterprise value of $2.1...

Trump Media & Technology Group (TMTG), which is set to list in New York through a merger with Digital World Acquisition Corp (NASDAQ: DWAC), is reportedly looking to raise up to $1 billion by selling shares to hedge funds and family offices.  What Happened: The company associated with...

Real-world problem solvers are highlighted in the inaugural “Next Big Things In Tech” list by Fast Company. The list included 65 honorees from big companies to start-ups. The names on the list were picked by 14 editors and writers at the magazine. “Technology is the backbone of...

A profitable Bitcoin (CRYPTO: BTC) mining company is going public with a SPAC deal announced Tuesday morning. The SPAC Deal: Griid Infrastructure announced a merger with Adit Edtech Acquisition Corp (NYSE: ADEX). The deal values Griid at an enterprise value of $3.3 billion. Public ADEX shareholders...

A leading men’s grooming brand announced a SPAC deal Tuesday after months of rumors. The SPAC Deal: Manscaped, a leader in men’s grooming and “below the waist” care, is going public in a SPAC merger with Bright Lights Acquisition Corp (NASDAQ: BLTS). The merger gives...

Alphabet Inc's (NASDAQ: GOOGL) (NASDAQ: GOOG) search engine Google is featuring a meme on former President Donald Trump-linked special purpose acquisition company Digital World Acquisition Corp's (NASDAQ: DWAC) page instead of a logo. What Happened: The search engine serves up a...

Technology giant Apple Inc (NASDAQ: AAPL) continues to push further with its ambitions to enter the automotive market. The company plans on pursuing vehicles, with a heavy focus on autonomous driving. One stock could have an inside track at becoming a supplier for Apple vehicles. What Happened:...

Potential short squeeze plays have gained steam in 2021 with new retail traders looking for the next GameStop Corp (NYSE: GME) or AMC Entertainment Holdings Inc (NYSE: AMC). A short squeeze can occur when a heavily shorted stock rises in value instead of falling. Short sellers could be looking to...

Social Capital CEO Chamath Palihapitiya sold 15% of his company’s position in SoFi Technologies (NASDAQ: SOFI) this week to “build cash reserves” and “fund several new investments.” What Happened: Palihapitiya said on Twitter on Thursday that, while markets have been...

A leading technology company helping the cryptocurrency mining community is going public with a SPAC deal announced Thursday. The SPAC Deal: Bitdeer, which operates five proprietary mining datacenters in the United States and Norway, announced a merger with Blue Safari Group Acquisition Corp (...

A leading artificial intelligence company announced a SPAC merger to go public. The SPAC Deal: SoundHound announced a SPAC merger with Archimedes Tech SPAC Partners Co (NASDAQ: ATSPT) valuing the company at a pro-forma enterprise value of $2.1 billion. A PIPE of $111 million includes investments by...

Electric vehicle company Lucid Group (NYSE: LCID) reported third-quarter financial results after market close Monday. Here are the highlights investors should know. What Happened: The company ended the third quarter with $4.8 billion in cash. Lucid Group reported reservations for the Lucid Air...

Lifestyle company and brand licensor PLBY Group Inc (NASDAQ: PLBY) reported third-quarter financial results Monday after market close. Here are the highlights for investors to know. What Happened: PLBY Group, which is the owner of Playboy, announced third-quarter revenue of $58.4 million, up 67%...

Several executives with experience building beauty and wellness brands launched a SPAC to target acquiring disruptive companies in the industry. A SPAC deal was announced Monday to bring two companies public. The SPAC Deal: A three-way merger will bring Obagi and Milk Makeup public in a merger with...

A leading electric vehicle company shared an update Monday morning. Here are the details investors should know. What Happened: A SPAC merger between Gores Guggenheim Inc (NASDAQ: GGPI) and electric vehicle company Polestar could be getting closer with the company announcing its F-4 statement...