Notable SPAC sponsor Chamath Palihapitiya just announced his newest blank-check company. The goal will be to find an acquisition target in energy production, artificial intelligence, decentralized ...
The buzz on Wall Street shows no signs of slowing down. SPACs have become the biggest buzzword on Wall Street, and their explosion in popularity has even seeped into Main Street as stories of ...
Once seen as an easy workaround to going public, the Special Purpose Acquisition Company – or SPAC – platform has seen middling success among its early users. Kyle Kazan became a longtime supporter of ...
President Trump’s associates and crypto entrepreneurs are rushing back to the market for the once-hot, but mostly troubled, investment vehicles called special purpose acquisition companies. By Maureen ...
Chamath Palihapitiya has been involved with a number of high-profile SPAC deals, including SoFi and Virgin Galactic. Both Palihapitiya's personal track record and the long-term performance of the ...
Mergers with SPACs have been a way for companies to get public-market listings without the heavy scrutiny of the IPO process 23andMe is going bankrupt - underscoring the great risks of investing in ...
Any SPAC, including Churchill Capital IX, merits skepticism given the group's poor performance. But even with that skepticism, CCIX merger of CCIX and autonomous trucking startup Plus stands out as ...