Tagged: spacs

April 29, 2022 @ 5:33 pm By JD Alois  |  

The Securities and Exchange Commission’s Small Business Capital Formation Advisory Committee (SBCFAC) has scheduled a meeting to discuss two specific topics: SPACs or Special Purpose Acquisition Companies and Climate Disclosure. The meeting will take place on Friday, May 6, 2022. According to a statement by… Read More

April 27, 2022 @ 10:00 pm By Omar Faridi  |  

FT Partners recently shared their Q1 2022 Fintech Insights Report. As noted in the update from FT Partners, it has been a record year for financing in Fintech. The firm is internationally known for its expertise in the Fintech industry. FT Partners has associations with… Read More

April 21, 2022 @ 3:11 pm By Omar Faridi  |  

Blank-check company Global Blockchain Acquisition Corp. has reportedly filed for a $150M initial public offering (IPO) on Wednesday (April 20, 2022). The firm’s management noted that they plan to focus its search for an initial business combination on blockchain or DLT-related technology, economy, industries and… Read More

March 30, 2022 @ 5:02 pm By JD Alois  |  

  SEC Commissioner Hester Peirce has posted a dissenting opinion regarding the rule proposal addressing SPACs. As was previously reported, the Securities and Exchange Commission has issued a 372-page proposal for new rules pertaining to Special Purpose Acquisition companies [SPACs]. SEC Chairman Gary Gensler described… Read More

March 30, 2022 @ 3:30 pm By JD Alois  |  

The Securities and Exchange Commission (SEC) has issued a statement proposing new rules impacting Special Purpose Acquisition companies or SPACs. The recent rise in the number of SPACs being utilized to bring a company public with less disclosure than a traditional initial public offering has… Read More

January 25, 2022 @ 6:38 pm By Adam Putz, PhD  |  

With a new SPAC launched seemingly every day and IPOs popping left and right, it might seem like the public markets are the place to be. Although following that path to liquidity might make sense for some companies, that’s just not the case for most… Read More

January 9, 2022 @ 7:00 pm By JD Alois  |  

Doug Ellenoff of Ellenoff, Grossman and Schole Shares Insight into Booming SPAC Market. Special purpose Acquisition Companies or SPACs had a blowout year in 2021.  While the financing vehicle has been around for decades, in recent years SPACs have rocketed in popularity. SPACs are an… Read More

December 10, 2021 @ 9:35 am By JD Alois  |  

SPACS, or special purpose acquisition companies, have had a gangbuster year boosting the number of initial public offerings that have taken place. While SPACs have been around for many years, in recent times the vehicles have surged in popularity as a shortened path to take… Read More

September 21, 2021 @ 11:47 am By JD Alois  |  

The Securities and Exchange Commission’s Small Business Capital Formation Advisory Committee will meet on Monday, September 27. The Committee was created by Congress to support the Commission with advice and recommendations on rules, regulations, and policy matters relating to small businesses, which have been ignored… Read More

September 6, 2021 @ 11:37 pm By Omar Faridi  |  

Singapore Exchange (SGX) recently revealed that they’ve created updated rules that will allow Special Purpose Acquisition Companies (SPACs) to list on its Mainboard “effective 3 September 2021.” Tan Boon Gin, CEO of Singapore Exchange Regulation (SGX RegCo), noted that SGX’s SPAC framework should give firms… Read More

August 23, 2021 @ 11:37 am By Omar Faridi  |  

Aspiration Partners Inc., a Marina del Rey-headquartered Fintech firm that provides clients with tools to help with prioritizing sustainability in their spending habits, is set to go public through a merger with a blank check company. As mentioned in a release, the deal with InterPrivate… Read More

June 13, 2021 @ 7:00 pm By JD Alois  |  

The Securities and Exchange Commission (SEC) has outlined its regulatory agenda for the coming months and at the top of the list are exempt securities that include Reg D and perhaps other exemptions such as Reg CF and Reg A+. Of note, is that the… Read More

May 26, 2021 @ 4:13 pm By JD Alois  |  

Gary Gensler, the Chairman of the Securities and Exchange Commission (SEC), testified today in front of the House Subcommittee on Financial Services and General Government, part of the Appropriations Committee, where he presented the litany of challenges his agency faces including emerging Fintech issues. The… Read More

May 25, 2021 @ 9:33 pm By JD Alois  |  

On Monday, May 24, the House Subcommittee on Investor Protection, Entrepreneurship, and Capital Markets, part of the House Financial Services Committee held a hearing entitled “Going Public: SPACs, Direct Listings, Public Offerings, and the Need for Investor Protections.”  While the title of the hearing addressed… Read More

May 21, 2021 @ 7:11 pm By JD Alois  |  

This coming Monday, May 24th, the House Subcommittee on Investor Protection, Entrepreneurship, and Capital Markets will hold a hearing entitled Going Public: SPACs, Direct Listings, Public Offerings, and the Need for Investor Protections. The Subcommittee is part of the powerful House Committee on Financial Services… Read More

May 10, 2021 @ 8:23 am By JD Alois  |  

OurCrowd is one of the largest securities crowdfunding platforms in the world. Based in Israel, OurCrowd has been recognized by Pitchbook as the most active venture investor in the country with 24 different deals in 2020. OurCrowd provides a pathway for smaller investors to participate… Read More

March 31, 2021 @ 5:34 pm By JD Alois  |  

The Securities and Exchange Commission (SEC) has issued a statement addressing the hot SPAC market. Special purpose acquisitions companies or blank check firms have boomed in recent months. SPACs are viewed as an easier path for issuers to become a publicly-traded firm yet the rapid… Read More

March 23, 2021 @ 12:15 pm By JD Alois  |  

Lawrence C. Lee is a top merger and acquisitions attorney operating in the Fintech sector. A partner at Baker McKenzie and based in Palo Alto, Lee was previously in-house counsel for Coinbase where he led strategic transactions and investments. More recently, Lee and his team… Read More

March 16, 2021 @ 11:05 pm By Omar Faridi  |  

Southeast Asian ride-hailing and food delivery giant Grab Holdings is reportedly holding discussions regarding its plans to go public via a potential merger with a US-based special purpose acquisition company or SPAC. Grab Holdings may be valued at around $53 to $54 billion if these… Read More

March 13, 2021 @ 4:25 pm By Omar Faridi  |  

Crowdinvesting or crowdfunding for real estate has long been considered a major potential market. However, there are a number of platforms that have downsized during the past year, even some established players like Exporo. Notably, the first Germany-based firm that’s set to go public through… Read More