U.S. SEC Proposes Boosting Blank-Check Company Disclosures, Liability March 30, 2022 By Katanga Johnson and Chris Prentice Proposal requires SPACs disclose conflicts during, after listing Disclosures must be issued at least 20 days before deal vote Rule...
Home Insurance Agency Hippo to Go Public in $5B SPAC March 4, 2021 By Sohini Podder Hippo Enterprises said it will go public through a merger with a blank-check firm, backed by Silicon Valley heavyweights Reid...
Ex-Credit Suisse CEO Raises $300M for Financial Services-Focused SPAC March 1, 2021 By Jan-Henrik Förster Former Credit Suisse Group AG Chief Executive Officer Tidjane Thiam raised $300 million for his blank-check company after boosting the...
SPAC Backed by AmTrust Executives Files for $300M IPO February 19, 2021 By Sohini Podder A blank-check firm, backed by AmTrust Financial Services Chief Executive Officer Barry Zyskind, is looking to raise $300 million through...
Liability for SPAC Flops: Waitr Could Be Test Case for Disgruntled Investor Lawsuits February 16, 2021 By Edvard Pettersson and Crystal Tse Waitr Inc. never had the resources of rivals Grubhub Inc. and UberEats. Yet in November 2018 the online food ordering...
Foley’s SPAC in $7.3B Deal to Take Blackstone’s Benefits Firm Alight Public January 25, 2021 By Anirban Sen A blank-check firm backed by prominent investor Bill Foley has agreed to take Alight Solutions LLC, the U.S. benefits services...
Insurance Acquisition Completes Shift Auto Retailer Deal; IPO Launches October 16, 2020 Shares of Shift Technologies Inc. fell 6.7% in their Nasdaq debut on Thursday after the online used-car seller went public...
Online Used Car Retailer Shift Talking Merger With Insurance Acquisition June 22, 2020 By Gillian Tan, Crystal Tse and Katie Roof Shift Technologies Inc., an online retailer for used cars, is in talks to merge with blank-check company Insurance Acquisition Corp.,...