Innovative Rocket Technologies, or iRocket, has signed a nonbinding letter of intent to merge with special purpose acquisition company BPGC Acquisition in a transaction that would result in the ...
SPACs, or special purpose acquisition companies, are touted as a quick way to take companies public — avoiding the usual, lengthier route of initial public offerings. SPACs, special purpose ...
Forbes wants to derive more of its revenue directly from readers — though there's no intention to raise a "hard paywall." M&A may also feature.
Chamath Palihapitiya has been involved with a number of high-profile SPAC deals, including SoFi and Virgin Galactic. Both Palihapitiya's personal track record and the long-term performance of the ...
If you were an investor who got burned during the SPAC craze of 2020 and 2021, I wouldn’t blame you for swearing off special purpose acquisition company deals forever. In the wake of Covid-19 stimulus ...
Bill Ackman is trying to rewrite the script for how one of the world’s most closely watched private companies reaches public ...