Posts
February 23 2022
Conway SPAC Seeks Euro Soccer Club Despite Public Market Doubts
Counter Press Acquisition (CPA), the SPAC formed by Hollywood financier Paul Conway and former Tampa Bay Rays executive Michael Kalt (Rays owner Randy Frankel, Los Angeles Dodgers president of baseball operations Andrew Friedman and Angel City Football Club co-founder Julie Uhrman are also part of the management group), has set out on its mission to buy a material minority stake in a European football club.
www.sports.yahoo.com
February 22 2022
Trump-linked Digital World’s shares surge after Truth Social app launch
Shares of Digital World, the blank-check company behind former U.S. President Donald Trump’s new social media venture, Truth Social, surged nearly 30% in premarket trading on Tuesday as the app climbed the charts after its debut on Apple’s App Store.
www.cnbc.com
February 07 2022
First African Cannabis SPAC Planned by Cilo Cybin Founder Theron
Africa’s first cannabis-focused blank-check company is set to list later this year with a view to buying companies in the fledgling industry alongside genetics and wearable health-device companies in the U.S. and South Africa.
www.bloomberg.com
February 06 2022
Analysis: Singapore bets on niche SPAC listings to capture tech boom
After years of struggling to emerge from the shadows of regional rivals, Singapore Exchange is looking to establish itself as the hub for blank-cheque firms, riding on regulatory overhaul, support by state firms, and a tech boom in its back yard.
www.reuters.com
January 26 2022
Maker Of $295 Prescription Video Game For Kids With ADHD To Go Public In Palihapitiya-Led SPAC Deal
Akili Interactive, a digital therapeutics company with an FDA-cleared prescription video game to treat ADHD symptoms in kids, will go public in a SPAC deal led by Chamath Palihapitiya.
www.forbes.com
January 25 2022
UAE approves first SPAC framework in the Gulf region
DUBAI, United Arab Emirates — to attract new investment, despite a fall in popularity for the controversial funding tool.
www.cnbc.com
January 25 2022
Hollywood Visual-Effects Studio DNEG Reaches $1.6 Billion SPAC Merger to Go Public
Hollywood visual-effects studio DNEG is combining with a special-purpose acquisition firm to go public with a roughly $1.6 billion valuation, the businesses stated. Identified for its Oscar-winning visuals work on motion pictures resembling “Inception” and “Tenet,” DNEG is merging with the SPAC Sports activities Ventures Acquisition Corp., a blank-check agency centered on the media and leisure industries.
www.wsj.com
January 06 2022
Tilman Fertitta Seeks a $250 Million Payday After Ditching SPAC Deal
Two years ago, the pandemic forced Tilman Fertitta to shutter his empire of casinos and restaurants, furlough 40,000 workers, and inject $50 million of his own money into his company. Now the Texas billionaire is using exuberant debt markets to pay himself back, and then some.
www.bloomberg.com