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The SPAC was founded by LinkedIn co-founder Reid Hoffman and Zynga (NASDAQ:ZNGA) founder Mark Pincus. RTP stock is seeing heavy trading today following news of the possible SPAC merger with Joby ...
On Feb. 12, special purpose acquisition company (SPAC) Fusion Acquisition (NYSE:FUSE) revealed its plans to take MoneyLion public. SPACs have been red hot on Wall Street lately, so you might ...
Since completing its special purpose acquisition company (SPAC) merger, Rumble (NASDAQ:RUM) stock has fallen sharply in price. After receiving a 39.6% boost on Sept. 19, its first trading day post ...
A special-purpose acquisition company (SPAC; / s p æ k /), also known as a "blank check company", is a shell corporation listed on a stock exchange with the purpose of acquiring (or merging with) a private company, thus making the private company public without going through the initial public offering process, which often carries significant procedural and regulatory burdens.
I've written several articles about SPAC (special purpose acquisition companies) stocks that recently announced their target merger deals. This week we'll examine four more SPACs that just ...
Lucid Motors and blank check company Churchill Capital IV (CCIV) confirmed a merger deal to take the California-based EV company public. Shares of Churchill Capital were down around 25% at 10:45 A ...
Digital World Acquisition Corp. (DWAC), founded in 2021, was an American special-purpose acquisition company (SPAC), a shell corporation listed on a stock exchange with the purpose of acquiring (or merging with) a private company, thus making the private company public without going through the initial public offering process, which often carries significant procedural and regulatory burdens.
The FUSE stock ticker will likely change as well but a new one hasn’t been announced yet. Fusion Acquisition’s SPAC deal with MoneyLion gives the combined company a $2.4 billion enterprise ...