Blank check company

Wallbox is set to go public with a pro-forma enterprise value of $1.5 billion via special purpose acquisition company (SPAC) Kensington Capital Acquisition Corp II (NYSE: KCAC). Enric Asunción, CEO of Wallbox and Justin Mirro, chairman and CEO of Kensington Capital Acquisition...

Apex Technology Acquisition Corp. (NASDAQ: APXT) shares traded higher Monday after retail traders pushed the stock higher. The stock was trending on social media sites, such as StockTwits, throughout the day. The stock saw above-average volume and trades with a 35 million share float. Apex...

U.S. private equity firm Thoma Bravo’s blank-check company Thoma Bravo Advantage (NYSE: TBA) has reached an agreement to take Israeli mobile monetization company ironSource public through a merger that values the combined business at $11.1 billion, the companies said on Sunday. What Happened...

SoftBank Group Corp. (OTC: SFTBY) Vision Fund CEO Sanjeev Misra said that the Japanese group has plans to launch a special purpose acquisition company in the coming two weeks, Axios reported Monday. What Happened: The initial public offering's formal sponsor would be SoftBank...

California-based electric vehicle startup Faraday&Future Inc is considering going public through a reverse merger with a blank check company, according to Reuters. CEO Carsten Breitfeld didn't disclose the specifics of the deal. What Happened: The company expects to generate $800 million to...

Former Uber Technologies Inc (NYSE: UBER) Chief Business Officer Emil Michael filed a Form S-1 with the U.S. Securities and Exchange Commission on Friday for the initial public offering of his newly-organized special purpose acquisition company (SPAC). What Happened: DPCM Capital Inc...

The iconic Hugh Hefner-founded Playboy Enterprises Inc plans to go public again soon with a Nasdaq listing under the symbol "PLBY." The reorganization will be carried out through a special purpose acquisition company. What Happened: Playboy entered into a definitive...

Chamath Palihapitiya has been one of the key figures in the special purpose acquisition company market, bringing three SPACs public under the tickers "IPOA," "IPOB" and "IPOC" on the New York Stock Exchange.  Social Capital Hedosophia SPACs: Palihapitiya...

Billionaire investor Bill Ackman in an interview with Bloomberg Thursday admitted he held early discussions with both Airbnb Inc and Stripe Inc on merger with his blank check company Pershing Square Tontine (NYSE: PSTH-U). What Happened: Ackman said discussions were held with the financial services...

Airbnb Inc. brushed off a merger with Pershing Square Tontine (NYSE: PSTH-U), the blank-check company owned by billionaire investor Bill Ackman, Bloomberg reported Wednesday. What Happened: No discussions are taking place between the two companies and early stage talks came to a halt after Airbnb...

Cohn Robbins Holdings Corp, a blank check company co-founded by former presidential economic advisor Gary Cohn and investor Clifton S. Robbins, filed for an initial public offering with the United States Securities and Exchange Commission Tuesday. What Happened: The company will offer 60 million...