SPAC

Business

Trump’s Truth Social company starts trading on Nasdaq with a market value near $6.8 billion after SPAC deal

As Donald Trump’s social media company begins trading publicly Tuesday, would-be investors might ask themselves if the stock is too…

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Business

SPAC Altitude scraps Picard deal, to merge with Vesicor instead (NASDAQ:ALTU)

Dzmitry Dzemidovich Altitude Acquisition Corp. (NASDAQ:ALTU) said in a filing that it has terminated its planned merger with Picard Medical…

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Business

SEP Acquisition shareholders approve Sanuwave SPAC merger (NASDAQ:SEPA)

zimmytws SPAC SEP Acquisition Corp. (NASDAQ:SEPA) shareholders have approved a planned merger with wound care products provider Sanuwave Health (OTCQB:SNWV).…

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Business

Newcourt, Psyence SPAC merger approved but may not close (NASDAQ:NCAC)

zimmytws SPAC Newcourt Acquisition Corp. (NASDAQ:NCAC) shareholders have voted to approve a planned merger with psilocybin therapy developer Psyence Biomed…

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Business

SPAC companies accounted for at least 21 bankruptcies this year and a staggering $46 billion in lost investor value

Wall Street’s affair with blank-check firms, the finance fad that pushed companies onto the stock market during the Covid-19 pandemic,…

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Business

Bird Global files for Chapter 11 bankruptcy just two years after SPAC IPO

sanfel/iStock Editorial via Getty Images Bird Global (OTC:BRDS) has filed for Chapter 11 bankruptcy protection to undergo restructuring to strengthen…

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