Text size Most SPAC-related stocks, including Virgin Galactic, haven’t been soaring in recent months. Courtesy Virgin Galactic Sometimes the best time to look for new investment ideas are when t...
Tag: SPAC
Crypto Miner PrimeBlock’s CEO Has Left Firm After Canceled SPAC Deal: Sources
PrimeBlock didn’t give any reason for the termination of the merger. However, the crypto space as a whole has been under pressure amid falling prices, and that has caused pain in mining, squeezing pro...
eVTOLs Face Significant Challenges In Passenger Applications
Electric Vertical Take-off and Landing vehicles (eVTOLs) promise to transform short trips especially … [+] in bigger cities. But their future is far from certain. getty Electric vertical take of...
Crypto ATM firm Bitcoin Depot aims to go public in 2023 via $885M SPAC deal
Bitcoin Depot, a major cryptocurrency ATM provider in the United States, is planning to go public through a merger with a special-purpose acquisition company (SPAC). Atlanta-based Bitcoin Depot has re...
Crypto ATM Company Bitcoin Depot Bags SPAC Deal Worth $885 Million, Here’s What Next!
Bitcoin Depot, a fintech company which is the largest operator of cryptocurrency ATMs have decided to list itself on the Nasdaq index on Wall Street. According to Bitcoin Depot, this public listing sh...
Bitcoin Depot Completes $885 Million SPAC Deal
According to Chief Executive of Bitcoin Depot, Brandon Mintz, the firm made record sales and earnings in the second quarter. Bitcoin Depot, an Atlanta-based Bitcoin ATM operator and leading fintech co...
World’s Largest Crypto ATM Company Bitcoin Depot to Go Public via SPAC Deal – Coinotizia
The largest cryptocurrency automated teller machine (ATM) operator, Bitcoin Depot, has revealed it has plans to go public via a special purpose acquisition company (SPAC) deal. The $885 million acquis...
Bitcoin Depot Plans Going Public, Strikes $885M SPAC Deal
6 hours ago | 2 mins read Bitcoin News SPAC GSR II Meteora Acquisition Corp. merged with Bitcoin Depot. After the transaction is concluded, the SPAC will be replaced in the stock market. Bitcoin Depot...
World’s Largest Crypto ATM Company Bitcoin Depot to Go Public via SPAC Deal – Bitcoin News
The largest cryptocurrency automated teller machine (ATM) operator, Bitcoin Depot, has revealed it has plans to go public via a special purpose acquisition company (SPAC) deal. The $885 million acquis...
Crypto ATM Operator Bitcoin Depot to Go Public Via $885 Million SPAC Deal
Popular cryptocurrency ATM operator Bitcoin Depot is reportedly planning to become a publicly-traded company through a partnership with SPAC GSR II Meteora Acquisition Corp. A special-purpose acquisit...
Crypto ATM Operator Bitcoin Depot to Go Public via $885M SPAC Deal
United States-based Bitcoin ATM operator Bitcoin Depot has disclosed its plans to go public by merging with a Special Purpose Acquisition Company (SPAC) in a deal that values the firm at around $885 ...
Crypto miner Prime Blockchain and 10X SPAC cancel $1.25 billion merger deal
Crypto mining and infrastructure company Prime Blockchain is no longer set to list on the Nasdaq stock exchange. Prime Blockchain and 10X Capital Venture Acquisition Corp II, a special purpose acquis...
Trump SPAC has another setback, delays earnings report
The social media app will be developed by Trump Media and Technology Group (TMTG). Rafael Henrique | LightRocket | Getty Images Digital World Acquisition Group, the special purpose acquisition company...
The SPAC King Goes Silent With His Empire Shriveling
(Bloomberg) — The news came with little fanfare. It was late on a sleepy summer afternoon last week, and few on Wall Street even seemed to notice the pair of filings when they hit the SEC websit...
Crypto Miner Prime Blockchain’s $1.25B SPAC Deal Fizzles Out
Prime Blockchain agreed in April to be taken public via a SPAC deal More than 40 SPAC mergers have been nixed this year amid cooling markets Crypto mining and infrastructure startup Prime Blockchain i...
SPAC market hits a wall in 2022 as no firms receive issuance in July
Special Purpose Acquisition Companies (SPACs) are on the ropes in 2022 as inflation and regulatory scrutiny is hitting these once market darlings from all sides. Notably, not a single SPAC was issued...
SPAC Boom Goes into Silence with No Issuance in July and Prospect of Strict Regulation
Amid the 2021 mania, SPAC deals were 59% of the total new listings in 2021. The special purpose acquisition company (SPAC) boom that dominated in 2021 has been gradually increasing, and it seems it ha...
SPAC market hits a wall as issuance dries up and valuation bubble bursts
Traders on the floor of the NYSE, August 1, 2022. Source: NYSE The SPAC boom is officially a thing of the past. Not a single special purpose acquisition company was issued in July as the market slowdo...
Blockchain Startup W3BCloud to Go Public via SPAC Deal
Blockchain cloud infrastructure service provider W3BCloud is set to go public via a Special Purpose Acquisition Company (SPAC) dubbed the Social Leverage Acquisition Corp I (SLAC). According to the tr...
Blockchain cloud infrastructure company W3BCloud to go public via $1.25B SPAC
On Monday, W3BCloud, a firm building global data centers for the Web3 and blockchain sectors, announced that it was going public via a takeover by special purpose acquisition vehicle (SPAC) Social Lev...
Nikola Buys Romeo Power for 11% of Battery Maker’s SPAC Valuation
(Bloomberg) — Nikola Corp. will acquire Romeo Power Inc. for a sliver of what the battery maker was worth when it merged with a special purpose acquisition company less than two years ago. Most ...
Why Faze Clan’s $725 Million IPO Could Revive Sluggish SPAC Market
LOS ANGELES, CALIFORNIA – DECEMBER 16: Offset of Migos attends his Offset X FaZe Clan Launch at the … [+] FaZe Clan Pop-Up on December 16, 2019 in Los Angeles, California. (Photo by Jerrit...
eToro SPAC merger acquisition deal halted amid market turmoil
Fintech Acquisition Corp, a special purpose acquisition company (SPAC), has announced the termination of a planned acquisition of eToro, a cryptocurrency exchange platform based in Israel. The acquisi...
Israeli Crypto Company Etoro Lays Off 100 Workers, SPAC Deal Terminated, Company Eyes Private Raise – Bitcoin News
Jamie Redman Jamie Redman is the News Lead at Bitcoin.com News and a financial tech journalist living in Florida. Redman has been an active member of the cryptocurrency community since 2011. He has a ...
eToro Cancels SPAC deal with FinTech Acquisition Corp. V. Company
Social investing network eToro Group announced Tuesday that it has cancelled its planned public listing through a merger with FinTech Acquisition Corp. V. SPAC (special purpose acquisition company). e...
eToro to terminate $10B SPAC merger in mutual agreement with acquisition firm
On Tuesday, special purpose acquisition company (SPAC) FinTech Acquisition Corp. V announced that it terminated its purposed takeover of Israeli cryptocurrency exchange eToro via a bilateral agreement...