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Tag: special purpose acquisition company

Virgin Orbit ceases operations

Virgin Orbit, the satellite launch company founded by British billionaire Richard Branson, has permanently ceased operations, just a few months after a major mission...

Plastiq files for bankruptcy; agrees acquisition deal with Priority

Plastiq, a US B2B payments firm for SMEs, has filed for bankruptcy and entered into a stalking horse agreement to have its assets...

WFG acquires nearly 2 dozen Doma title locations

In May, we’ll go deep on money and finance for a special theme month, by talking to leaders about where the mortgage market is...

VinFast To Publicly List Through Business Combination With Black Spade Acquisition Co

HONG KONG, May 12, 2023 - (ACN Newswire) - VinFast Auto Pte. Ltd. ("VinFast" or "the Company"), and Black Spade Acquisition Co (NYSE: BSAQ) ("Black Spade") announced today...

Ex-CFO who stole $5M to trade crypto and ‘meme stocks’ gets 3 years in prison

The former chief financial officer of a special purpose acquisition company (SPAC) was sentenced to three years in prison after embezzling $5 million, which...

Crypto miner Bitdeer falls 35% since Nasdaq debut, reports net loss in 2022

Shares of Singapore-headquartered cryptocurrency miner Bitdeer Technologies have slid more than 35% since their Nasdaq debut on April 14, and were trading at US$6.41...

Bitcoin Miner Bitdeer Technologies to List on Nasdaq via SPAC Deal

According to a recent filing with the U.S. Securities and Exchange Commission (SEC), Bitdeer Technologies Holdings, a digital mining firm founded by crypto-billionaire...

Virgin Orbit files for bankruptcy

In an unsurprised announcement, British billionaire Sir Richard Branson’s rocket company Virgin Orbit on Tuesday filed for Chapter 11 bankruptcy protection in the U.S....

AST SpaceMobile discloses further satellite delays and cost increases

TAMPA, Fla. — The launch of the first commercial satellites in AST SpaceMobile’s cellphone-compatible broadband constellation has slipped into 2024, the company said March...

Branson’s Virgin Orbit to cease operations and lay off nearly entire workforce after failing to secure funding

British billionaire Sir Richard Branson’s rocket company Virgin Orbit announced it will shut down its operations and terminate nearly all its employees after the...

Faraday Future May Have One: Production Begins

A familiar retail strategy Like other EV startups, Faraday Future is using a direct sales model, both online and through company-owned showrooms that...

Virgin Orbit begins “incremental” return to work as it seeks new funding

WASHINGTON — A small set of Virgin Orbit employees will return to work after a week-long furlough as the company attempts to raise money...

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