Fintech company Circle terminates $9b deal with Bob Diamond-backed SPAC
Circle is the principal operator of stablecoin USDC and reported a net income of $43m and nearly $400m in cash in the third quarter. The...
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Covalto to become 1st Mexican fintech company on the US stock market
Mexican digital banking platform Covalto is planning to go public via a special purpose acquisition company (SPAC) merger, a move that...
Borrowed money funded share purchases by ‘Spac king’ Palihapitiya
Chamath Palihapitiya, the venture capitalist touted large personal investments when plugging his SPAC deals and called for others to put...
Crypto company Circle comes back around on SPAC deal while doubling its valuation to $9b
The company announced it has terminated its previously announced merger agreement with special-purpose acquisition company Concord...
Better.com’s SPAC merger will be delayed by changes it made a day before laying off 900 people on Zoom
The company will seek new regulatory approval after revising the terms of the merger with Aurora Acquisition Corp. That will push back...
MercadoLibre, Kaszek launch SPAC for investing in Latam startups
Latin American e-commerce company MercadoLibre Inc and venture capital fund Kaszek on Monday announced the creation of a special-purpose...
Fintech startup Pagaya reaches $9b SPAC deal to go public
Based in New York and Tel Aviv, Pagaya operates an artificial-intelligence network to make financial transactions like lending more...
Bill Ackman’s SPAC gets sued
The case contends that Ackman’s SPAC isn’t an operating company, but is actually an investment company like Ackman’s funds, which should...
Cryptocurrency firm Circle to go public via SPAC deal that will value the company at $4.5b
The firm operates USDC, one of the world's largest dollar-pegged stablecoins, with over $25b in circulation. Shares of Concord...
London hits the SPAC scene
Is late better than never? New UK exchange rule changes are creating room for European SPAC deals just as the sensation fades in the US.
{
"What’s been going on in the States is almost a bubble...The number of Spacs will decline, but the UK’s listing rule changes will put...…
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