SPAC

A leading cloud-mining service provider announced a SPAC deal Tuesday to go public. The SPAC Deal: Digital asset mining service and cloud-mining service provider Finfront Holding Company announced a SPAC deal with Arisz Acquisition Corp (NASDAQ: ARIZ). The merger values the company at a pro forma...

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...

Men's lifestyle consumer brand creator Manscaped has launched Ultra Premium Collection in the U.S. and Canada. What Happened: Manscaped's latest kit features a variety of designed grooming products from head-to-toe. The line with a five-piece bundle includes a Body Wash, 2-in-1 Shampoo +...

Athletes and celebrities were among the names that attached themselves to SPACs in 2021 seeking to find private companies to take public. Here are two new SPACs that have athletes as part of the management teams. Sports & Health Tech Acquisition: Newly filed SPAC Sports & Health Tech...

Along with the hundreds of announced SPAC mergers and closed deals in 2021 came a handful of SPAC deals that were terminated. Here’s a look at what it means for the SPACs that called off mergers. What Happened: SPACs can terminate deals for numerous reasons including a change in valuation...

Despite being the largest electric vehicle company by units in the Unites States, Tesla Inc (NASDAQ: TSLA) still faces several disadvantages to traditional automakers. The prohibition against direct sales is among the stumbling blocks the company faces, and it's a challenge Tesla is now...

The 2022 year has started quietly for SPACs, with no deals announced in the first five trading days of the year. Although two new SPAC rumors have popped up since the market closed on Friday and both involve a well-known name in the SPAC space. Akili Interactive: A company that specializes in...

One of the biggest words for investors in 2021 was SPACs. While special purpose acquisition companies have been around for years, 2021 became the year that they took over the market in terms of IPOs and as a topic of conversation. There were over 600 new SPACs that went public in 2021 and over 150...

One of the biggest words for investors in 2021 was SPACs. While special purpose acquisition companies have been around for years, 2021 became the year that they took over the market in terms of IPOs and as a conversation topic. Over 600 new SPACs went public in 2021 and over 150 deals were...

A hospitality brand targeting millennials and Gen Z travelers announced fiscal 2021 results,as well as an update on its growing portfolio of global properties. Financial Results: Selina, which is merging with BOA Acquisition Corp (NYSE: BOAS), ended 2021 on a high note with December the most active...

The IPO market saw record listings and capital raised in 2021. Several well-known big name companies joined the public markets in 2021, while other private companies delayed their listings or chose to raise private capital instead. Several carryovers from 2021 could go public in 2022m along with...

The public markets saw a record number of IPOs and capital raised in 2021. Around 1,500 companies went public via traditional IPO, direct listing or via SPAC merger. Public listings in 2021 raised over $490 billion. Here is a look at the five best-performing IPOs of 2021. (The worst-...

Another eVTOL (electric vertical take-off and landing) company is going public via SPAC merger with a deal announced Tuesday morning. Here are the details. The SPAC Merger: Urban air mobility company Eve is going public in a SPAC merger with Zanite Acquisition Corp (NASDAQ: ZNTE). The deal values...

A leading financial media company could have an alternative to a previously announced SPAC merger, according to a new report. What Happened: Investment firm GSV Asset Management could be bidding to buy Forbes Media in an alternative buyout for the company versus a previously announced SPAC merger,...

A pure-play space ETF offering investors exposure to growth in the sector announced its semi-annual rebalancing and reconstitution. The news brings eight new companies to the ETF, including seven that went public via SPAC merger. What Happened: The Procure Space ETF (NASDAQ: UFO) announced the...