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'SPACs Attack' Recap: Looking Back At 8 SPAC Deals Plus Latest SPAC Headlines And Earnings
Sunday, May 16, 2021 - 5:35pm | 1654Last week featured eight announced SPAC deals. The week also had earnings from several well-known former SPACs. Here is a look back at the week that was SPACs for deals and headline news, all covered on Benzinga’s “SPACs Attack.” SPAC Deals Quantum encryption company Arqit Limited...
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Will Bird Be The Word For Investors And Micromobility? What To Know About The Scooter SPAC Deal
Wednesday, May 12, 2021 - 10:13am | 450A leading electric micromobility company announced a SPAC deal Wednesday with plans to expand to more cities and new segments. The SPAC Deal: Bird announced a deal with Switchback II Corporation (NYSE: SWBK) valuing the company at $2.3 billion. Current Switchback II Corporation shareholders will...
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Hundreds Of Driving Licenses Cancelled As Drunken E-Scooter Riders Cause Chaos At Beer Festival Oktoberfest
Monday, October 7, 2019 - 1:17pm | 768The German police had a field day marshalling people around at the world's largest beer festival Oktoberfest, mediating in nearly 2,000 altercations at the 16-day event. Held annually in the months of September and October in Munich, Germany, Oktoberfest witnesses 7 million people every year, who...
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Bird Raises $215M In Series D Led By CDPQ And Sequoia Capital
Friday, October 4, 2019 - 4:44pm | 455Bird, a leading micro-mobility company founded in 2017, has just completed a $275 million Series D round of venture capital funding with CDPQ and Sequoia Capital leading the round. This announcement by Bird CEO and founder Travis VanderZanden occurred on October 3 at TechCrunch Disrupt San...
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E-Scooters: The Bull And The Bear
Friday, September 27, 2019 - 10:15am | 1095It is a truth universally acknowledged that a popular consumer product does not always make a great investment. The e-scooter craze is a recent example. "Even if scooters become ubiquitous that doesn't mean that any individual scooter company will generate outsize returns," said Dan Hoffer,...
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E-Scooters Are Not Good For The Environment, German Government Study Finds
Tuesday, September 3, 2019 - 1:40pm | 843In the pursuit of shared mobility, electric scooters are making a ubiquitous appearance across urban spaces in Europe and North America, with startups behind these vehicles pushing billion-dollar valuations in record time. People, especially millennials, are increasingly enamored by this low-cost...
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Is The E-Scooter Market Headed For A Crash?
Monday, July 15, 2019 - 5:56pm | 1297Bird Scooter's chief product officer (CPO) shot back at skeptics this past week in a Linkedin post aimed at reassuring investors as the company tries to raise money amid mounting concerns about the viability of the micro-mobility business model. "I rarely write about Bird's business performance,...