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 ...
Just two years after the SPAC (special purpose acquisition company) market was practically left for dead, these blank check companies are back with a vengeance. But can SPACs, whose shares since 2009 ...
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 ...