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

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 .....»»

The SPAC Bubble Is Bursting: "Dozens" Of Companies Canceling Mergers As PIPE Investors.....»»

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......»»

Within a year of getting loans under the Paycheck Protection Program, nearly four dozen companies, each with a valuation of at least $150 million, went public or made plans to do so......»»

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......»»

SmartRent.com Inc., a provider of smart home operating systems, said Thursday .....»»

WeWork isn’t doing an initial public offering this time, but merging with a special-purpose acquisition company, or SPAC......»»

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.....»»

One analyst s.....»»

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......»»

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.....»»

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.....»»

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

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......»»

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.....»»

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......»»

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

"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.....»»

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......»»

“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......»»