Browsing Tag

Founder SPAC

This SPAC is merging with an already-public company as sponsors get creative before time runs out

Adam Smith Jun 10, 2022 0

Traders on the floor of the NYSE, June 8, 2022.Source: NYSESPACs are known to be a roundabout investment vehicle to take private companies public. Not this one.Bull Horn Holdings is…
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AUTOMOBILE

Probes, executive upheaval continue to tank SPAC-backed EV start-ups

Cathy Bell Feb 8, 2022 0

Electric Last Mile Solutions CEO James Taylor wanted to separate his electric vehicle company by staying out of controversies that had engulfed many of his competitors."We have no…
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TECHNOLOGY

The SPAC market starts 2022 with abysmal losses, abandoned deals

Socorro Acioli Feb 3, 2022 0

A trader is comforted by a coworker as they work on the floor of the New York Stock Exchange (NYSE) on March 1, 2018 in New York City.Eduardo Munoz Alvarez / Getty Images(Click here to…
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WORLD

UAE approves first SPAC framework in the Gulf region

Adam Smith Jan 26, 2022 0

A view of a street in Abu Dhabi, United Arab EmiratesValery Sharifulin | TASS | Getty ImagesDUBAI, United Arab Emirates — Authorities in the United Arab Emirates have approved the first…
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Nikola to pay $125 million to settle fraud charges as SEC cracks down on SPAC claims

Amelia Martin Dec 21, 2021 0

Trevor Milton CEO of NikolaMassimo Pinca | ReutersElectric truck maker Nikola has agreed to pay the Securities and Exchange Commission $125 million to settle charges that it defrauded…
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Shares of battery supplier Solid Power surge in Nasdaq debut

Amelia Martin Dec 9, 2021 0

Solid Power's 22-layer, 20Ah all solid-state lithium metal cell compared to the company's first-generation 10-layer, 2Ah cell.Solid PowerShares of electric vehicle battery cell supplier…
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TECHNOLOGY

All but one in bear market territory

Socorro Acioli Dec 7, 2021 0

People wait in line for t-shirts at a pop-up kiosk for the online brokerage Robinhood along Wall Street after the company went public with an IPO earlier in the day on July 29, 2021 in…
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POLITICS

Trump SPAC under investigation by federal regulators, including SEC

George Thomas Dec 6, 2021 0

Former U.S. President Donald Trump leaves Trump Tower in the Manhattan borough of New York City, New York, October 18, 2021.Jeenah Moon | ReutersThe SPAC planning to merge with former…
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