: London set to overhaul listing rules to attract tech IPOs and cash in on blank-check boom

Another major Silicon Valley tech investor joins the record run of "blank check" IPOs. Menlo Park-based Khosla Ventures filed plans Friday to raise $1.2 billion for special purpose acquisition companies (SPACs) that aim to take three yet-to-be-dete.....»»

After an unbelievable 2020 for IPOs, with young technology companies and blank-check offerings leading to the biggest year for Wall Street debuts since the heyday of the dot-com boom, companies are lining up in hopes that 2021 is a worthwhile sequel......»»

A review commissioned by the U.K. government suggests an overhaul of the London Stock Exchange’s listing rules, to enable London to better compete with New York or European bourses such as Amsterdam......»»

After an unbelievable 2020 for IPOs, with young technology companies and blank-check offerings leading to the biggest year for Wall Street debuts since the heyday of the dot-com boom, companies are lining up in hopes that 2021 is a worthwhile sequel......»»

Despite a few SPACs achieving hype and high-profile successes, data shows these blank check companies underperform traditional IPOs overall......»»

Regulators and investors are finally figuring out the dangers of special-purpose acquisition companies, also known as SPACs, or blank-check companies......»»

The number of new 'blank check' companies raising money in IPOs dropped sharply in April. But existing SPACs are still announcing big merger deals, such as three involving Bay Area companies just this week......»»

Blank-check company Northern Star Investment Corporation II (NYSE: NSTB) announced that Apex Fintech Solutions LLC read more.....»»

The US regulator is considering new guidance to curb growth projections made by listed special-purpose acquisition compa.....»»

Old-School IPOs Trounce SPACs As Blank Check Craze Fizzles It's been a very bad month for SPACs: last week we pointed out that the SPAC Bubble may have popped as the "Flood Of New SPAC IPOs Hit A .....»»

Geely Automobile Holdings Ltd’s (OTC: GELYF) parent Zhejiang Geely Holding Group Co and among China’s largest automakers that owns multiple brands, is in talks to sponsor two blank-check acquisition deals, read more.....»»

WeWork has agreed to go public through a merger with a Menlo Park-based blank-check firm led by Silicon Valley tech entrepreneur Vivek Ranadive that includes NBA great Shaquille O'Neal as an adviser. The deal isn’t expected to directly impact.....»»

WeWork has agreed to sell itself in a blank-check deal that will result in the shared office space provider becoming a publicly traded company almost two years after its initial public offering debacle......»»

Special-purpose acquisition companies have raised $94.4 billion this year through IPOs — already more than the record annual total of $83.4 billion last year......»»

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

More than 200 SPACs have debuted so far in 2021, raising $70 billion, nearly eclipsing the amount SPACs raised i.....»»

Over 130 SPACs have debuted already in 2021, and the field is becoming crowded. Some blank-check firms are looking to give investors a new reason to get in. A man sit.....»»

Tech deals and blank-check companies are fueling a surge in mergers and acquisitions.....»»

German investor Klaus Hommels targets acquisition of one late-stage European tech company worth up to $4.8 billion......»»

LVMH founder Bernard Arnault is among those launching special-purpose acquisition companies in Europe......»»