SPAC

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...

A leading provider of restaurant labor productivity technologies is going public in a SPAC deal announced Wednesday. The SPAC Deal: Presto announced a SPAC merger with Ventoux CCM Acquisition Corp (NASDAQ: VTAQ) valuing the company at a pro forma equity value of $1 billion. A PIPE of $70 million...

A new exchange-traded fund offers the opportunity to bet against one of the top stock pickers of the last five years, Cathie Wood. What Happened: The Tuttle Capital Short Innovation ETF (NASDAQ:SARK) opened for trading Tuesday. The ETF is an actively managed ETF that attempts to achieve the inverse...

Panera is returning to the public markets with a future IPO that will include an investment from a restaurant-themed SPAC. The SPAC Merger: USHG Acquisition Corp (NYSE: HUGS) announced Tuesday it will be a “cornerstone partner” for an IPO of Panera Brands. Panera Brands will pursue a...

Digital World Acquisition Corp (NASDAQ: DWAC), a special purpose acquisition company associated with Trump Media & Technology Group (TMTG), reportedly reached out to investors for the purposes of obtaining backing for private investment in public equity (PIPE) transactions. TMTG was...

The state of New York has been one of the most followed for pending approval of sportsbook operators as the state works to launch mobile and online sports betting in the future. The state announced Monday the winning companies for licenses and more details. What Happened: New York has granted...

Data and analytics company FiscalNote is going public in a SPAC merger announced Monday morning. The SPAC Deal: FiscalNote is valued at a pro forma market capitalization of $1.3 billion in a merger with Duddell Street Acquisition Corp. (NASDAQ: DSAC). The SPAC merger includes a $100 million PIPE...

Trading platform company TradeStation Group announced a SPAC merger Thursday that could help grow the company’s brand awareness, customer accounts and revenue. The SPAC Merger: TradeStation announced a merger with Quantum FinTech Acquisition Corp (NYSE: QFTA). The deal values the company...

One of the top investing stories of the week was the announcement from Zillow Group Inc (NASDAQ: Z) that it is exiting the home buying business. While the news is a negative for Zillow, it could benefit two competitors that went public via SPAC merger. What Happened: Zillow announced as part of its...

A fintech company that went public with a Chamath Palihapitiya SPAC is offering early access to one of 2021’s highest anticipated initial public offerings. What Happened: Electric vehicle company Rivian is nearing its IPO where it will sell shares in the range of $57 to $62. The company...

One of the biggest National Basketball Association stars is dipping his toes into the SPAC market, becoming the latest celebrity or athlete to attach themselves the fast-growing investment sector. Kevin Durant brings an experienced investment team and has a strong track record of investments....

A leading premium coffee company and lifestyle brand helping veterans is going public with a SPAC merger announced Tuesday. The SPAC Deal: Black Rifle Coffee Company announced a merger with SilverBox Engaged Merger Corp I (NASDAQ: SBEA). The deal values the company at a pro forma enterprise value...

The month of November shows a continued slowdown in SPAC merger deal votes, but the calendar includes several multibillion-dollar deals. SPAC merger votes can act as a catalyst, as the votes complete the last step in the merger process and change the company over to a new name and ticker...

A leading developer of small satellites is going public via a SPAC merger announced Friday morning. The SPAC Deal: Terran Orbital is merging with Tailwind Two Acquisition Corp (NYSE: TWNT) in a deal valuing the company at a pro forma equity value of $1.58 billion. A PIPE of $50 million...

Augmented reality and virtual reality are terms that have been around for years and several publicly traded companies have built entire business lines around the growth concepts. Facebook Inc (NASDAQ: FB) announced a rebrand to Meta as it bets fully on the growth of the metaverse. AR and VR stocks...