Khosla Ventures gets into the SPAC boom with plans to raise $1.2B in 3 IPOs
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.....»»
Lordstown Motors needs more capital to meet electric truck launch goals
Lordstown Motors said Monday it expects to spend $115 million more than expected in 2021, making it necessary for the company to return to capital markets to raise more money to meet its fall production plans. The Youngstown, Ohio-area manufacturer .....»»
Delta CEO Says All New Hires Must Be Fully Vaccinated
Delta CEO Says All New Hires Must Be Fully Vaccinated Yesterday, when it announced plans to raise wages for new hires as it attempts.....»»
The Most Hyped Corners Of The Stock Market Come Unglued
The Most Hyped Corners Of The Stock Market Come Unglued Authored by Wolf Richter via WolfStreet.com, Once upon a time last year, there was the EV startup hype-boom that found its way to the SPAC hype-boom, and the two combined and gen.....»»
The Wall Street Journal: Mortgage lender Better to go public through SPAC
Startup mortgage lender Better, whose valuation has swelled in the private markets, said Tuesday that it plans to go public by merging with a special-purpose acquisition company......»»
Medical device company in Miamisburg inks $25M capital raise, plans to nearly double footprint by 2023
President and CEO Dave Kirschman said new products, market diversification and 50 more jobs will be the end result of his company's first-ever capital raise......»»
Citi plans to launch crypto trading services after a boom in client interest in digital currencies, report says
Itay Tuchman, Citi's global head of foreign e.....»»
JPMorgan chief Jamie Dimon wants detailed disclosures on how federal money is spent if lawmakers raise taxes. Democratic lawmakers were quick to respond.
Dimon suggested lawmakers create an itemized list of the specific ways extra dollars from a tax hike would fund the government's infrastructure plans. Ja.....»»
Bust now, boom later? Egg freezing up during the pandemic
As the Covid-19 pandemic changed or delayed plans for children, more women have turned to egg freezing as they look to preserve their fertility. NBC News reports fertility clinics have seen more clients interested in freezing their eggs over.....»»
The Funded: SPAC IPOs are dwindling, but "blank check" mergers continue apace
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......»»
Starlink could help fund Elon Musk"s Mars development plans, according to SpaceX"s president
Gwynne Shotwell said funding development on the Red Planet meant going into markets bigger "than the one you're in." SpaceX rocket takes off. Spac.....»»
SFBT Friday Digest: SoMa towers get green light; Another SPAC on track
Meanwhile, San Francisco plans to allow bars to reopen indoors next week for the first time since March 2020......»»
Ascend Wellness Holdings Plans To Raise $80M Via IPO, Debut On CSE, OTCQX Best Market
Vertically integrated cannabis company Ascend Wellness Holdings, Inc. is poised to go public through an initial public offering of some 10 million shares of its Class A common stock at $8 per share. read more.....»»
Futures Movers: Oil stays higher as reports say OPEC+ plans to keep its output plans and cancel Wednesday’s meeting
Oil futures remain higher on Tuesday after reports said the Organization of the Petroleum Exporting Countries and its allies plan to keep their plan to gradually raise production in place, and cancel a meeting that was scheduled for Wednesday......»»
How the e-commerce boom could shape the future of retail, according to Atlanta supply chain tech company Dematic
Dematic, which moved its HQ to Midtown in 2019, had plans to grow into its space over a 6-year period. Now, 18 months later, they're running out of room......»»
eToro CEO And Serial SPAC Dealmaker Betsy Cohen On The Merger
Last month, trading platform eToro announced plans to go public by merging with a special purpose acquisition company. Since the announceme.....»»
Peter Thiel-backed psychedelics company plans to raise $100 million in an IPO
Atai Life Sciences, a company that aims to use psychedelic compounds for therapeutic uses, is planning to raise $100 million in an IPO. Stephanie Keith/Getty Images Peter Thiel-backed Atai Lif.....»»
SPACs could drive $900 billion of dealmaking over the next 2 years despite the boom slowing, Goldman says
The SPAC boom has cooled in the second quarter, but Goldman .....»»
Voting tech company Voatz plans to raise $10M in equity
The fundraise comes as people around the country are closely watching changes to voting laws......»»