SPAC

The blank-cheque company that plans to take Donald Trump’s media business public has ousted its chief executive, deepening tumult inside a company that has been threatened with stock exchange delisting over unpaid fees. Digital World…

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Alliance Entertainment is set to become a public company, listed on the Nasdaq Capital Market, after completing its merger with blank check company, Adara Acquisition, on Friday (February 10).The US-based distributor and wholesaler of…

The SPAC (special purpose acquisition company) trend has cooled somewhat since the peak of two years ago, but there are still those finding opportunities. At the end of last week, a new SPAC, Israel Acquisitions Corp.…

-Total gross proceeds from transaction, before payment of transaction expenses, expected to be up to $82 million assuming no redemptions, combining a possible PIPE financing of up to $40 million and up to $42 million held in First Light…

One of the founders of British telecoms company Truphone has submitted an offer to buy back his company in a bid worth $250mn from Roman Abramovich and his Russian associates, seeking to gazump an existing offer to buy the assets for…

The great SPAC crash is closing out the year in dramatic fashion as more shareholders prepare to cash out of the speculative-investing industry for good. At least 80 special-purpose acquisition companies, which have raised $24 billion in…

Tigo Energy, a rival of solar energy company SolarEdge, is led by NetVision founder Zvi Alon. Israeli energy storage company Tigo Energy has agreed a SPAC merger…

FTX Gave $1M to a Republican SPAC Two Weeks Before Bankruptcy FTX US gave $1M to a Republican’s fund two weeks before declaring bankruptcy.Sam Bankman donated $40 billion to the Democrats in the midterm elections.Alameda Research lent…