Kin Insurance Sees Shark Tank SPAC Deal as Way to ‘Pour Gas on’ Expansion July 19, 2021 By Gillian Tan Kin Insurance Inc., an insurance-technology startup that counts golfer Rory McIlroy among its investors, has agreed to go public through...
Insurance Marketplace Policygenius in Talks to Go Public Via SPAC July 12, 2021 By Gillian Tan and Sonali Basak Policygenius Inc., an online insurance marketplace, is in talks to go public through a merger with the blank-check company PWP...
Argentinian Satellite Data Company to Go Public with Cantor Fitzgerald SPAC July 7, 2021 By Jorgelina do Rosario Satellogic, a Buenos Aires-based company that uses satellites to map the earth, plans to go public after a merger with...
Wall Street in Quandary Over New SPAC Equity Contracts After SEC Crackdown June 10, 2021 By Chris Prentice Wall Street accountants and lawyers are trying to figure out new equity agreements to lure investors back to the blank-check...
‘Cat-Prone’ Startup Kin Insurance in Talks to Go Public With ‘Shark Tank’ Judge’s SPAC May 20, 2021 By Gillian Tan and Crystal Tse Home-coverage startup Kin Insurance is in talks to go public via Omnichannel Acquisition Corp., a special purpose acquisition company led...
Buffett Extols U.S. Economic Recovery, Laments SPACs, Shrugs Off Tax Hike May 3, 2021 By Jonathan Stempel and John McCrank Warren Buffett said on Saturday that Berkshire Hathaway Inc. is being lifted by a U.S. economy faring far better than...
SEC Eyes Guidance on SPAC Projections, Clarity on Liability Shield April 28, 2021 By Anirban Sen, Chris Prentice and Joshua Franklin U.S. securities regulator is considering new guidance to rein in growth projections made by listed blank-check companies, and clarify when...
More Assertive SEC Smacks Down SPACs: Viewpoint April 21, 2021 By Chris Bryant, Bloomberg Opinion Investor Jeremy Grantham says special purpose acquisition companies, which raise money in an initial public offering and then find a...
Ex-Allianz CFO Wemmer Plans to Form SPAC to Target Insurance Deals April 16, 2021 By Jan-Henrik Förster and Aaron Kirchfeld Dieter Wemmer, a veteran insurance executive who was chief financial officer at Allianz SE, is launching a blank-check company to...
SEC Throws Another Wrench into Wall Street’s SPAC Machine April 13, 2021 By Ben Bain, Heather Perlberg, Gillian Tan and Crystal Tse U.S. regulators are throwing another wrench into Wall Street’s SPAC machine by cracking down on how accounting rules apply to...