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Tag: spac

A Growing List Of Unicorns Haven’t Raised Funding For 3-Plus Years

Startups — much like cars — can usually go only so long before needing to refuel. How long, of course, will vary. Some go years...

Why Lotus Tech Decided to Go Public Via SPAC | SPAC Feed

Lotus Technology CFO Alexious Lee explains why the electric-vehicle maker decided to go public via SPAC. Speaking with Katie Greifeld on Bloomberg Television, Lee...

Lender Threatens to ‘Sweep’ MariaDB Accounts Over Take-Private Bid 14 Months After deSPAC | SPAC Feed

MariaDB has been warned by a bank lender that it may “sweep” its accounts in retaliation for the publication of a private equity bid...

Nikola Sells bandoned EV Pickup Truck Program to Friend of Convicted Founder | SPAC Feed

Beleaguered electric trucking company Nikola has sold the Badger electric pickup truck assets it was once supposed to build with General Motors. The buyer?...

Williams Rowland Acquisition will Redeem Shares and Liquidate | SPAC Feed

Williams Rowland Acquisition today announced it will redeem stock and shut down, being unable to complete a deal by its March 29 deadline. Since July...

Circle ends USDC support on TRON network

Circle, the issuer of USDC, has announced the discontinuation of support for its stablecoin on the TRON blockchain. Circle said the decision is part of...

Triller Still Aiming for NYSE Direct Listing | SPAC Feed

After canceling a multibillion-dollar reverse merger in 2022, Hollywood-based Triller continues to pursue a direct listing. The social media and artificial intelligence platform recently filed...

Cellebrite Becomes Only Israeli Company to Exceed SPAC Valuation | SPAC Feed

Israeli digital intelligence company Cellebrite (nasdaq: CLBT) was one of hundreds of companies that raised billions of dollars on wall street during the tech boom in...

Wellness Meets Wall Street | SPAC Feed

This week in SPACs was packed with deals, updates, and buyouts. Two new deals were announced with targets in the healthcare industry. Also, a...

Fisker under investigation by federal authorities and risks delisting from stock exchange

Fisker, the electric vehicle (EV) manufacturer, is currently facing a challenging situation as it finds itself under investigation by federal authorities. This investigation has...

SEC Adopts Final Rules Relating to SPACs, Shell Companies, and De-SPAC Transactions | SPAC Feed

On January 24, 2024, the U.S. Securities and Exchange Commission (the “sec”) adopted new rules and guidance affecting initial public offerings (“ipos”) of special...

Zapata AI touts generative AI applicability as trading debut edges closer – Inside Quantum Technology

By Dan O'Shea posted 19 Feb 2024 Zapata AI, a company that started life in 2017 with a...

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