SPAC Bubble Pops: Flood Of New SPAC IPOs Hits A Brick Wall

SPAC Bubble Pops: Flood Of New SPAC IPOs Hits A Brick Wall.....»»

Category: blogSource: zerohedgeApr 7th, 2021

SPAC Boom Upends Wall Street League Tables, Sparks Best Quarter For Dealmaking Since 1980

SPAC Boom Upends Wall Street League Tables, Sparks Best Quarter For Dealmaking Since 1980 Just as an army of sell-side capital markets analysts are raising their year-end estimates for SPX (now north of.....»»

Category: blogSource: zerohedgeApr 5th, 2021

The SPAC boom powered the strongest first quarter for dealmaking in 40 years - topping even the dotcom bubble of 2000

One analyst s.....»»

Category: smallbizSource: nytApr 1st, 2021

The Wall Street Journal: Startups Axios and the Athletic discuss merger, consider SPAC deal

Sports-media outlet the Athletic is in merger talks with news startup Axios, according to people familiar with the matter, part of a plan to build a larger online-publishing company that could include going public through a blank-check firm......»»

Category: topSource: marketwatchMar 27th, 2021

The SEC is looking into Wall Street"s SPAC craze and is seeking voluntary information from market participants, report says

The fact that Wall Street banks received requests from the SEC enforcement division indicates this could be the start of a higher level inquest. SAUL LOEB/AFP via Getty Images The SEC is seeking voluntary information from Wall Street.....»»

Category: smallbizSource: nytMar 25th, 2021

Billionaire investor Barry Sternlicht says the SPAC market is "out of control" and Wall Street won"t regulate because they are making too much money

Billionaire investors and SPAC sponsor Barry Sternlicht said the market for the blank-check firms is "a little bit crazy" in a Wednesday interview. Billionair.....»»

Category: worldSource: nytMar 24th, 2021

SPAC IPOs Break All Time Annual Volume Record

SPAC IPOs break all time annual volume record 10 weeks into 202.....»»

Category: personnelSource: nytMar 14th, 2021

The Wall Street Journal: Ride-hailing startup Grab is in talks to go public through SPAC merger

Grab Holdings Inc. is in talks to go public through a merger with a SPAC that could value the Southeast Asian ride-hailing startup at as much as $40 billion, making it by far the largest such deal on record......»»

Category: topSource: marketwatchMar 11th, 2021

Podcast links: talking SPAC

Fridays are all about podcast links here at Abnormal Returns. You can check out last week’s links including a look at how... SPACsCameron Passmore and Benjamin Felix talk IPOs and SPACs with Prof. Jay Ritter. (ra.....»»

Category: blogSource: abnormalreturnsMar 5th, 2021

The Wall Street Journal: Shutterfly may go public through SPAC merger

Shutterfly Inc. is in talks to go public through a merger with a blank-check company, according to people familiar with the matter, less than two years after Apollo Global Management Inc. took the online-photo-book maker private......»»

Category: topSource: marketwatchMar 4th, 2021

Insider Retail: New $2.9 billion fitness SPAC - Hoka One One"s playbook - Beauty brand IPOs

Happy Thursday! Welcome to another edition of Insider .....»»

Category: topSource: businessinsiderMar 4th, 2021

XL Fleet slumps 20% as famed investor Carson Block goes short, says the market is in a SPAC bubble full of "garbage"

"I can't believe they're a public traded company. I'm literally dumbfounded that this actually happened," a former XL Fleet employee told Block. Carso.....»»

Category: dealsSource: nytMar 3rd, 2021

Leaders of the SPAC: Lucid"s reported suitor is led by top Wall Street dealmaker Michael Klein

The value of Wall Street dealmaker Michael Klein's SPAC has soared to $13.7 billion before a deal with Lucid Motors has even been formally announced. Here's a look at who he is and what he might bring to the Newark company in a merger......»»

Category: topSource: bizjournalsFeb 22nd, 2021

Velodyne CEO Anand Gopalan: The SPAC path to Wall Street isn"t for everyone

“Seeing some of these pre-revenue companies go public through SPACs is kind of interesting, and I don’t necessarily think that’s a good thing,” said Anand Gopalan......»»

Category: topSource: bizjournalsFeb 19th, 2021

FT Partners plans for $400 million SPAC - Morgan Stanley arm eyes bitcoin - Top people moves on Wall Street

The top finance stories for February 16 including the latest.....»»

Category: dealsSource: nytFeb 16th, 2021

The Great SPAC Debate: Are They In A Bubble?

The soaring valuations handed out to newly public companies in the initial public offering boom has led some to believe there's an IPO bubble. One part of this potential bubble is the rise in special purpose acquisition companies or SPACs. read more.....»»

Category: blogSource: benzingaFeb 15th, 2021

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.....»»

Category: topSource: bizjournalsFeb 13th, 2021

Goldman Sachs is creating an auto-tech joint venture amid a SPAC boom for EV and lidar companies: Report

EV, self-driving, and ride-hailing companies have provided a number of dealmaking and underwriting opportunities for Wall Street in recent years. Lordstown Motors is one of the many EV .....»»

Category: personnelSource: nytFeb 13th, 2021

Around 130 SPACs have gone public this year - more than in the first 9 months of 2020 - as the Wall Street craze goes into overdrive

The SPAC boom shows no signs of slowing. More than 130 shell companies have floated so far this year, compared to around 250 in the whole of 2020. Colin Kaepernick is among the many big names to launch a SPAC .....»»

Category: personnelSource: nytFeb 11th, 2021

The Wall Street Journal: Elliott Management considering creating a SPAC

Elliott Management Corp., the hedge fund best known for its high-profile shareholder-activist campaigns, is looking to join the sizzling SPAC craze......»»

Category: topSource: marketwatchFeb 7th, 2021

Alex Rodriguez" SPAC "Slam" Files For $500 Million IPO

Alex Rodriguez' SPAC "Slam" Files For $500 Million IPO The Wallstreetbets euphoria will come and go, but for the clearest sign of an epic, ginormous bubble look no further than the unprecedented SPA.....»»

Category: blogSource: zerohedgeFeb 4th, 2021