Perhaps you’ve heard of SPACS, or special-purpose acquisition companies, as an alternative to IPOs. They are, in some respects, easier than IPOs — but there are pitfalls for investors, too.

Maxim Group will underwrite the IPO and have a 45-day option to purchase up to an additional 900,000 shares over and above the 6 million being offered to cover over allotments. The company applied to ...

With a standard IPO, the company is hoping to price its shares at a certain level, but the wild swings of the market will have its say with price as well. SPAC acquisitions are pre-negotiated.

Each raised millions of dollars, respectively, via a special purpose acquisition company, or SPAC. SPACs have been around for decades but, after a period of moderation following the 2008 financial ...

U.S.-listed special-purpose acquisition companies, or SPACs, have raised $40.4 billion so far in 2020, compared with $13.5 billion during the whole of 2019, according to data provider Dealogic.

Lordstown Motors is the latest high profile company that plans to go public through a merger with a special purpose acquisition company. These types of so-called blank check deals used to be an ...

A special purpose acquisition company is an entity that's set up specifically as a shell company with no immediate business purpose of its own. Rather than going into business for itself, ...

The on-demand private-jet company is set to merge with EG Acquisition, a special-purpose acquisition company, valuing the combined entity at $600 million.

The company has $518 million to spend from its IPO, likely on a software or fintech company. TPG Pace Tech has $450 million in a hunt for tech companies while TPG Pace Beneficial Finance has $350 ...

As expected, SoftBank Group filed to launch a special-purpose acquisition company today, saying it plans to raise $525 million to invest in an unnamed technology company.The Japanese investment gi ...

Last week, a stockholder in three special purpose acquisition companies (“SPACs” – Pershing Square Tontine Holdings, Ltd. (“PSTH”), GO Acquisition Corp. and E.Merge Technology ...

More than a few market analysts have declared that 2021 is the year of the SPAC. Otherwise known as a special purpose acquisition company or a blank check company, a ...