#spac

[ follow ]
fromwww.mercurynews.com
6 days ago

Three charged in plot to boost value of California tech company before SPAC deal

Three men were indicted for engineering a scheme to fraudulently inflate Near Intelligence Inc.'s revenue by $25 million.
fromTechCrunch
3 weeks ago

A troubled SPAC plans to buy iRocket for $400M but it already returned most of its cash | TechCrunch

iRocket is attempting to go public via a SPAC deal valued at $400 million despite limited funding and significant challenges.
fromFast Company
3 weeks ago

GrabAGun stock price declines after SPAC merger and listing on NYSE

GrabAGun Digital Holdings had a disappointing stock market debut with shares falling 23% on the first trading day.
fromTechCrunch
4 weeks ago

Faraday Future faces potential SEC enforcement action after three-year probe | TechCrunch

The SEC has sent Wells Notices to Faraday Future’s founder and president indicating impending enforcement actions due to a three-year-long fraud investigation related to their 2021 SPAC merger.
US politics
#bitcoin
more#bitcoin
fromFortune
1 month ago

SPACs are back: This year's crop of blank check companies lack celebrity sponsors, and that's likely a good thing

In 2021, SPACs saw massive involvement, with over 613 blank check companies raised $162.6 billion, but nearly 60% couldn't complete mergers, leading to skepticism.
E-Commerce
fromIrish Independent
1 month ago

Irish businessman Gary Quin hits paydirt with $1bn US bitcoin venture

Columbus Circle Capital is merging with ProCap BTC to create ProCap Financial, aiming to bridge bitcoin and traditional finance.
fromFast Company
3 months ago

Webull stock price update: BULL shares are falling today after a massive surge that followed its SPAC merger

Webull Corporation's shares surged nearly 375% after merging with a SPAC, indicating significant public interest, but premarket trading shows a decline of about 15%.
Startup companies
[ Load more ]