Banking, Cloud Firms Lead IPO And SPAC Announcements: Report

SPAC

Listing announcements this past week — IPOs and SPACs among them — were dominated by banking and high-tech firms focused on cloud technologies, reports PMNTS.com.

The PYMNTS SPAC/IPO tracker shows an uptick in bank-related announcements, to 43 year-to-date, while payments-related companies stood at 24.

Drilling down into the financial services vertical, as has been the case in recent weeks, the listings activity was decidedly international in scope. Read more.

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