For months, the SEC Chairman Gary Gensler has expressed concern over the meteoric rise of SPACs and has dropped teasers about stepped-up enforcement to come. Now, the time for the main event is almost...
Tag: SPAC
Virgin Galactic stock falls below SPAC debut price two years later
Virgin Galactic’s passenger rocket plane VSS Unity, carrying billionaire entrepreneur Richard Branson and his crew, lands after reaching the edge of space above Spaceport America near Truth or C...
Sweden leads Europe’s first crypto SPAC, ticker “HODL”
A SPAC, or Special Purpose Acquisition Company, is a company that has no commercial operations and is formed strictly to raise capital through an initial public offering (IPO) for the purpose of acqui...