SPAC

Luxury travel subscription company Inspirato Inc (NASDAQ: ISPO) reported fourth quarter and full fiscal year earnings after market close Thursday. Here are the highlights. What Happened: Inspirato, which went public via SPAC merger, reported record active subscribers, pass subscribers, annual...

A leading esports and entertainment organization added a well-known musician and entrepreneur to its brand Monday. What Happened: Snoop Dogg is the latest celebrity to join the FaZe Clan network in a deal announced Monday by The Hollywood Reporter. Snoop Dogg will represent FaZe Clan with the name...

Each trading day features hundreds of headlines and press releases. Benzinga Pro is a source for traders to see the latest news on the overall market and also on individual tickers. Here is a look at the stocks that were searched for most on Benzinga Pro for the month of February. 1. SPDR S&P...

Key Takeaways: Vivere Lifesciences Acquisition Corp., whose co-founders include U.S.-listed I-Mab, could become the first Hong Kong SPAC backed by a U.S.-listed Chinese company The SPAC is targeting Chinese or multinational companies with Chinese operations in the health sector By Fai Pui The...

One of the most publicized SPAC merger announcements of 2021 was a deal to take Trump Media & Technology Group public. The merger was aimed at bringing a new player into the social media sector via former President Donald Trump. What Happened: On October 21, a SPAC merger between Trump...

A market leader in global payments and cryptocurrencies announced a SPAC merger Wednesday that will see shares get an uplisting. The SPAC Deal: Nukkleus announced a SPAC merger with Brilliant Acquisition Corp (NASDAQ: BRLI) that values the company at $140 million. Nukkleus (OTC: NUKK) is currently...

A leading space tourism company announced a big change to its Board of Directors Friday. What Happened: Chamath Palihapitiya is stepping down as chairman and a member of the Board of Directors for Virgin Galactic Holdings Inc (NYSE: SPCE), effective immediately, to “focus on other public...

The start of 2022 has seen SPAC mergers called off and the valuation of some deals lowered. On Thursday, a previously announced SPAC merger announced an increased valuation. Here's what investors need to know.  What Happened: Circle announced the termination of an existing merger agreement...

Satellite company Terran Orbital announced a new contract with a leading defense and aerospace company Thursday morning. What Happened: Terran Orbital announced a contract with Lockheed Martin (NYSE: LMT) for three microsatellite class satellites. Terran will also provide launch procurement,...

Shares of a leading lidar company are soaring after market close Monday, after reporting the purchase of warrants by ecommerce leader Amazon.com Inc (NASDAQ: AMZN). What Happened: Velodyne Lidar Inc (NASDAQ: VLDR) said in an 8K filing that Amazon has acquired 39,594,032 warrants good for the...

Each trading day features hundreds of headlines and press releases about companies. Benzinga Pro is a source for traders to see the latest news on the overall market and also on individual tickers. Here is a look at the stocks that were searched for the most on Benzinga Pro for the month of January...

Comera Life Sciences Inc has agreed to go public through a merger with OTR Acquisition Corp (NASDAQ: OTRA), a blank-check company. The combined company will have an initial equity value of about $258.4 million. The companies said it would provide about $107 million in gross...

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...

A biotech focused SPAC launched by frequent SPAC sponsor Chamath Palihapitiya announced a merger deal Wednesday morning. The SPAC Deal: Palihapitiya’s Social Capital Suvretta Holdings Corp I (NASDAQ: DNAA) announced a SPAC merger with Akili Interactive, valuing the company at an equity value...

A leading visual effects and animation company announced a SPAC deal Tuesday and laid out its growth plans for investors. Here are the key details. The SPAC Deal: Award winning visual effects company DNEG announced a SPAC merger with Sports Ventures Acquisition Corp (NASDAQ: AKIC). The deal values...