SPAC

Dubai-based mobility company Swvl said Wednesday that it plans to go public through a reverse merger with Queen's Gambit Growth Capital. The special purpose vehicle is run exclusively by women. Swvl was founded in 2017 and offers…

Startup battery company Enovix began trading Thursday and became the latest clean-tech name to enter the public market through a reverse merger with a special purpose vehicle. Shortly after the opening bell, Wall Street shares rose in the…

Digital advertising company Taboola launched Wednesday morning on its first day of trading after its merger with ION Acquisition Corp. 1, a company for special acquisitions, down 5%. ION shareholders voted in a special meeting on Monday to…

Perella Weinberg stock rose sharply early Monday after going public on a SPAC last week. The stock opened 12% higher on Monday before floating between positive and negative territory later in the day. It closed 0.7% at $ 12.91 per share.…

BuzzFeed, the digital publisher known for viral content, announced on Thursday its plan to go public through a merger with a special purpose vehicle, signaling a shift in the business strategy of the once-aspiring media start-up.BuzzFeed…

Bill Ackman, Founder and CEO of Pershing Square Capital Management.Adam Jeffery | CNBC Billionaire investor Bill Ackman said Friday he expects to close his SPAC deal to purchase 10% of Universal Music Group for approximately $ 4 billion by…

A person wears a protective face mask outside the Equinox Sports Club and Gym on the Upper West Side as the city resumes Phase 4 reopening after restrictions were imposed in New York City on August 16, 2020 to contain the spread of the…

Jonah Peretti, Founder and CEO of Buzzfeed, speaks at the Wall Street Journal Digital Conference in Laguna Beach, California, the United States, on October 18, 2017.Lucy Nicholson | ReutersThis should be the summer of digital media.Amid a…

Traders work on the trading floor of the New York Stock Exchange (NYSE) on Friday.Spencer Platt / Staff | Getty ImagesThe SPAC mania has come to a screeching halt.Just last month, special-purpose acquisition companies celebrated a…

Southeast Asian giant Grab announced Tuesday that it had acquired through a SPAC merger with Altimeter Growth Corp. will go public. The company is valued at $ 39.6 billion - the largest blank check merger to date.Grab says it intends to…