(Bloomberg) -- SPACs, the speculative investment vehicles that surged in popularity five years ago, are having a revival. SPACs, or special purpose acquisition companies, are shell companies with no ...
SPACs merge with private companies to take them public, often without specifying their target in advance. Investing in SPACs can lead to significant returns when a merger target is revealed, boosting ...
SPACs are back in a big way in 2025, with 91 new SPAC IPOs raising $16.5 billion so far, up threefold from 34 new SPACs that raised $5.3 billion in the same period last year. In fact, SPACs have ...
Three current and former executives tied to Donald Trump’s media company are launching a blank check firm and could look to buy a US crypto business. Three Trump Media & Technology Group executives ...
Avalanche Treasury Co. will launch through a blank-check merger next year, with the goal of buying over $1 billion worth of AVAX tokens. The price of AVAX, the native token of the Avalanche blockchain ...
Known to some as the "SPAC King," Chamath Palihapitiya once had plans to launch SPACs with tickers IPOA through IPOZ. Those initial dreams failed, as several SPACs were liquidated without merger ...
SPACs often pay around $300,000 for legal advice on their IPOs, and the eventual merger often results in legal fees that can be 3 to 5 times what it cost to go public, attorneys say.