SPAC

A micromobility company is seeing its shares surge higher Tuesday. What Happened: Helbiz Media, the media arm of Helbiz Inc (NASDAQ: HLBZ) announced a deal with Amazon Italy, a unit of Amazon.com Inc (NASDAQ: AMZN). The deal will see Amazon Italy broadcast Serie B matches on all devices and...

Potential short squeeze plays have gained steam in 2021 with new retail traders looking for the next GameStop Corp (NYSE: GME) and AMC Entertainment Holdings Inc (NYSE: AMC), two stocks that attracted strong interest and saw shares spike. A short squeeze can occur when a heavily shorted stock rises...

A leader in electric two-wheeled hardware and battery swap solutions is going public via a SPAC merger announced Thursday. The SPAC Deal: Gogoro Inc announced a SPAC merger with Poema Global Holdings Corp (NASDAQ: PPGH). The deal values Gogoro at an enterprise value of $2.35 billion. A PIPE on the...

A leader in autonomous vehicle delivery is teaming up with the largest U.S. physical retailer to help with last mile delivery. What Happened: Argo AI announced a partnership with Walmart Inc (NYSE: WMT) and Ford Motor Company (NYSE: F) to launch autonomous vehicle last mile delivery in three U.S....

Casino stocks traded down on Tuesday with concerns over how China will regulate casinos in the Macau region. The relationship between casino traffic during and after the COVID-19 pandemic and international relations are having an impact on share prices of stocks. This leads to an important topic...

The surge in sports betting platforms and states where it is legal has created a huge market opportunity for companies that operate in the growing sector. One such company will test the public markets with an IPO scheduled for Tuesday, Sept. 14. The Sportradar IPO: Sportradar (NASDAQ: SRAD) is...

A leading company in the private company investment market is going public via a SPAC merger announced Monday.  The SPAC Deal: Forge Global announced a SPAC merger with Motive Capital Corp (NYSE: MOTV).  The deal values the company at a post money valuation of $2 billion. Public MOTV...

Jim Lanzone was named the new CEO of Yahoo on Sept. 10. Lanzone leaves Tinder, a dating company owned by Match Group (NASDAQ: MTCH), to take on the leadership role at Yahoo, which was recently acquired by Apollo Global Management Inc (NYSE: APO). The following are five things you may not know about...

A clean energy company with a unique software solution is going public via a SPAC merger announced Thursday morning.  The SPAC Deal: Energy Vault is going public with Novus Capital Corporation II (NYSE: NXU) in a deal valuing the company at a pro-forma enterprise value of $1.1 billion....

One of the largest mortgage companies in the country is stepping up its marketing plan using the new NCAA name, image and likeness rule. What Happened: UWM Holdings Corp (NYSE: UWMC), which went public in one of the largest SPAC deals ever, is partnering with Michigan State basketball and football...

A leading data provider for sports betting companies announced second-quarter earnings and shared updates on multiple customer partnerships. What Happened: Genius Sports (NYSE: GENI) reported $55.8 million in second-quarter revenue, beating the Street estimate of $53.8 million. Revenue increased...

Global merger and acquisition activity topped $1 trillion in the second quarter of 2021, with the U.S alone topping $500 billion. This was the third quarter in a row that this happened globally and in the U.S. The second quarter started strong with four of the five largest deals announced in the...

A SPAC merger announced in February between fintech MoneyLion and Fusion Acquisition Corp (NYSE: FUSE) is nearing a close with a merger vote date announced on Friday. What Happened: A merger vote between Fusion Acquisition Corp and MoneyLion was announced for September 21. If the merger is approved...

The month of September marks a slow down in deal votes after recent months but still offers up several well-known companies that will go public if their SPAC merger votes are approved. SPAC merger votes can act as a catalyst as it completes the last step in the merger process and also changes...

Palantir Technologies Inc. (NYSE: PLTR), which is in the habit of investing in startups as a means of securing clients, is making another SPAC bet. What Happened: Herndon, Virginia-based BlackSky Holdings said Wednesday Palantir has committed to making an equity investment in it....