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Category: IPO

The Great SPAC Liquidation

Not so long ago, everybody couldn’t wait to get a piece of special purpose acquisition companies, more commonly known as SPACs. The hoopla enticed celebrities such as media mogul Jay-Z, tennis star Serena Williams and even former President...

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Metaphorical Darts hitting their IPO Targets

SEC Points to SPAC Crackdown with Proposed Rules

Metaphorical Darts hitting their IPO Targets

You could call it a SPAC attack. The Securities and Exchange Commission has proposed a series of new rules for special purpose acquisition companies – better known as SPACs – and their merger targets. If enacted, the proposal would make the...

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Walk of Fame Street Star IPO

Delaware Court Decision Adds to SPACs’ Woes

Walk of Fame Street Star IPO

Not so long ago, special-purpose acquisition companies – more commonly known as SPACs – were Wall Street’s next big thing. The blank-check entities unofficially became a fad around the time SPACs affiliated with celebrities such as Shaquill...

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Iridescent seashell shimmering in the sunlight

What Does Gary Gensler Have Against SPACs?

Iridescent seashell shimmering in the sunlight

The growth of special-purpose acquisition companies – commonly known as SPACs – represents one of the investing world’s biggest stories in recent years. According to Securities and Exchange Commission Chair Gary Gensler, initial public offe...

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3 Things the BuzzFeed Merger Tells Us About SPACs

3 Things the BuzzFeed Merger Tells Us About SPACs

3 Things the BuzzFeed Merger Tells Us About SPACs

It’s everyone’s favorite spot for personality quizzes, news about celebrity Instagram posts and viral videos of food absurdities. Now thanks to a special purpose acquisition company – more commonly known as a SPAC – BuzzFeed is about to hav...

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