SPAC

The Hagerty Price Guide predicts total sales of $ 378 million from next week's Monterey collector car auctions, spread across 1,400 vehicles offered by six different auction companies across the Monterey Peninsula to the Pebble Beach…

Bill Ackman's troubled SPAC was hit Tuesday by a lawsuit alleging the blank check company had promised directors "staggering compensation" and demanded that the company's special status be revoked.Plaintiffs - former Commissioner for the…

Bill Ackman, Founder and CEO of Pershing Square Capital Management.Adam Jeffery | CNBC Bill Ackman's troubled SPAC was hit Tuesday by a lawsuit alleging the blanket check company had paid its sponsors "staggering compensation" and demanded…

Signage outside the Lordstown Motors Corp. headquarters. in Lordstown, Ohio on Saturday, May 15, 2021.Dustin Franz | Bloomberg | Getty Images(Click here to subscribe to the new Delivering Alpha newsletter.)SPACs are hit by an increasing…

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…