Until recently, taking a unicorn public almost always involved a traditional IPO or direct listing. But in recent quarters, a once-obscure option — a SPAC merger — has become an increasingly mainstream alternative, Crunchbase reports, especially among companies in the electric vehicle and autonomous driving space. Read more.
Related Posts
Trump Merger Partner Digital World Delays Extension Vote Again
Rescheduled for today, support again fell short of the 65% threshold needed to approve a merger extension until September 2023.
Hedge Funds Flocking to Alchemy Investments 1
Alchemy raised $115 million in a May 2023 IPO with plans to target companies engaged in data analytics.
Big Four Shunned SPAC IPOs But Now Flock to Audit New Companies
The Big Four’s embrace of the market is no surprise; it makes sense for firms to follow the money and accept buzzy clients in emerging industries.
Better Whistle-Blower Suit Accuses CEO of Misleading Investors
The lender entered a merger agreement with Aurora Acquisition in May 2021. That deal has been amended several times. Aurora has yet to file a proxy and there's been no word on when a shareholder vote would occur.