SPACs stands for Special Purpose Acquisition Companies. A SPAC is a company without commercial operations and is formed strictly to raise capital through an initial public offering (IPO) for the purpose of acquiring or merging with an existing company. The SPACs concept includes US companies that went listed in the form of SPACs.
$Digital World Acquisition Corp(DWAC.US)$$SPDR S&P 500 ETF(SPY.US)$$S&P 500 Index(.SPX.US)$$Nasdaq Composite Index(.IXIC.US)$$SPACs(BK2541.US)$
Where now for DWAC and Truth Social after Trump midterm election fail?
DWAC stock has been going through a lot o...
Tim Hortons China Edges Closer to US Listing
Canadian coffee chain Tim Hortons has recently made further progress in plans to list its Chinese business division in the US. Silver Crest, a special purpose acquisition company (SPAC), will hold a general meeting regarding the matter on August 18. After gaining approval in the general meeting, Silver Crest and Tim Hortons China plan to merge and list shares.
If the merger with Ti...
Grab’s Valuation Is Still Far Too Rich
Investors might be tempted by the fact that Grab’s share price is just above $6 and think that it is start...
Trump SPAC tops financial gainers this week, neobank Nu Holdings falls the most
$Digital World Acquisition Corp(DWAC.US)$ surges 31% during the week, with the launch of Trump's Truth Social more than a month away.
$Itau CorpBanca(ITCB.US)$ , a bank operating in Chile an Columbia, rises 16% for the week;
Peru-...
Should I $GRAB and hold this diamond or cut it loose?
I have done som...
Singapore's benchmark index has traditionally been dominated by financial and real estate names.
But the exchange has set its sights on attracting technology companies, and it believes that SPAC will be a good way to do so.
SPAC can inject much-needed new enthusiasm into the Singapore IPO market, which has been stagnant for many years.
$SPACs(BK2541.US)$
watch ya guys think about payoneer?
I want to buy how
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