Social Capital Hedosophia – the investment firm run by Palihapitiya and his partner Ian Osborne – is eyeing a (US)$1 billion London listing for a company focused on fighting climate change.
David Hall and Brad Culkin are inventors, longtime colleagues and brothers-in-law. But as the Financial Times reports, after a SPAC deal and a boardroom bust-up at their company, Velodyne Lidar, they are now, in the words of Hall, locked in a “fight to the death.”
According to Pitchbook, the number of SPACs that have merged with non-U.S. companies has risen six quarters running, Sportico reports. That trend has not taken hold within the sports and entertainment sector, though.