SPAC

The merger between Digital World Acquisition Corporation (NASDAQ: DWAC), a special purpose acquisition company, and former President Donald Trump’s social media firm, Trump Media & Technology Group (TMTG), is reportedly on the tenterhooks.  What...

Potential short squeeze plays gained steam in 2021 and have continued through 2022 with new traders looking for the next huge move. A short squeeze can occur when a heavily shorted stock rises in value instead of falling. Short sellers could be looking to close out their position and can face...

Digital World Acquisition Corp. (NASDAQ: DWAC) could face the risk of being liquidated, as the special purpose acquisition vehicle (SPAC) which was to merge with Trump Media & Technology — the company behind Donald Trump’s Truth Social platform — failed to get shareholder...

Chamath Palihapitiya was one of the biggest names in the SPAC market in 2021 and when times were good for new companies going public, Palihapitiya had some of the best-performing deals of that year. The year 2022 has not been as kind to Palihapitiya with re-valuations on many of the companies that...

One of the best-performing stocks of 2021 was a SPAC merger between former President Donald Trump’s media company and the parent company of his social media platform, Truth Social. In 2022, however, the scenario has changed. Shares have fallen and could see further downside based on an...

The Donald Trump-linked Digital World Acquisition Corp (NASDAQ: DWAC) stock has quieted as the former president's legal woes have ramped up. Trump's Mar-a-Lago residence in Palm Beach, Florida, may soon be dubbed Marred-by-Legal following a report the estate was searched by FBI agents. The...

Social media platform Truth Social is one of the few places left for former President Donald Trump to share his thoughts and opinions. Here’s a look at how the company could soon be expanding its reach. What Happened: The social media platform Truth Social announced Wednesday it is now...

A leading Web3 company is going public via SPAC merger. Here are the details on the merger between W3BCLOUD and Social Leverage Acquisition Corp I. The SPAC Deal: Social Leverage Corp I (NYSE: SLAC) announced it is acquiring W3BCLOUD, a leading storage and infrastructure provider for the Web3...

Clean energy transportation company Nikola Corp. (NASDAQ: NKLA) announced the purchase of a battery company that could help bring its production in-house. What Happened: Nikola is acquiring Romeo Power (NYSE: RMO), a battery company that announced it was going public via SPAC merger back in October...

A leading gaming, lifestyle and media brand is hitting the public market Wednesday after completing a SPAC merger. Here’s what investors should know about FaZe Clan and its public listing. What Happened: A SPAC merger announced between FaZe Clan (NASDAQ: FAZE) and B. Riley Principal 150...

Pershing Square Tontine Holdings Ltd (NYSE: PSTH), a special purpose acquisition company (SPAC) promoted by hedge fund manager Bill Ackman, said on Monday that it will return $4 billion of capital in trust to shareholders. What Happened: The decision to wind down the blank-check firm...

Elon Musk disclosed last Friday after market close that he was terminating his agreement to acquire social media platform Twitter Inc (NYSE: TWTR). With shares of Twitter falling on Monday, Benzinga asked a merger expert what happens next and if the Tesla Inc (NASDAQ: TSLA) CEO can truly walk away...

A SPAC taking Donald Trump’s media company public spiked after hours Friday. Here’s why. What Happened: Shares of Digital World Acquisition Corp (NASDAQ: DWAC) were trading higher Friday after market close. The move comes after it was reported that Tesla Inc (NASDAQ: TSLA) CEO Elon Musk...

Potential short squeeze plays gained steam in 2021, with new retail traders looking for the next huge move. A short squeeze can occur when a heavily shorted stock rises in value instead of falling. Short sellers could be looking to close out their position and can face a loss if they have to buy...

Gores Guggenheim Inc (NASDAQ: GGPI) was soaring up more than 13% on Friday, heavily outpacing the general market, which saw the S&P 500 trading up about 0.7%. The special purpose acquisition company (SPAC) is expected to merge with Polestar this month and list as a public company on the...