Over the trailing year, you have likely witnessed the rise of shell firms as a medium to take private enterprises public. Market analysts often use the term “reverse merger” to describe this ...
Fallout from the coronavirus has fueled a fresh wave of interest in an unusual investment vehicle with a shaky reputation: the blank-check company. Blank-check companies are essentially big pools of ...
Want this delivered to your inbox each morning? Sign up here. The specialized deal machines known as blank-check companies — formally “special purpose acquisition companies,” or SPACs — are having a ...
This form of taking a company public has been around for a while, but it's getting a lot of attention this year as its popularity rises. In the simplest terms, a blank check company is a public entity ...
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