SPAC

Hong Kong biotech company Prenetics is set to merge with Artisan Acquisition, a special purpose acquisition company, in a deal that will value the new entity at $1.3 billion or more, according to a source close to the deal.The transaction…

BuzzFeed, the digital publisher known for viral content, announced on Thursday its plan to go public through a merger with a special purpose vehicle, signaling a shift in the business strategy of the once-aspiring media start-up.BuzzFeed…

Anne Wojcicki, 23andMe co-founder & CEO (right) celebrates with 23andMe employees after remotely ringing the NASDAQ opening bell at the headquarters of DNA tech company 23andMe in Sunnyvale, California, U.S., June 17, 2021.Peter DaSilva…

Jonah Peretti, Founder and CEO of Buzzfeed, speaks at the Wall Street Journal Digital Conference in Laguna Beach, California, the United States, on October 18, 2017.Lucy Nicholson | ReutersThis should be the summer of digital media.Amid a…

Southeast Asian giant Grab announced Tuesday that it had acquired through a SPAC merger with Altimeter Growth Corp. will go public. The company is valued at $ 39.6 billion - the largest blank check merger to date.Grab says it intends to…

After a failed IPO and the imminent implosion of its business in 2019, WeWork announced on Friday that it had agreed to a deal that would bring the beleaguered cooperating company public.Instead of a traditional IPO, WeWork is merging with…

Peter Beck, CEO of Rocket Lab, stands with his company's electron rocket.Missile laboratoryRocket Lab, the leader among companies that build small rockets to launch satellites, is going public through a SPAC merger that valued the company…

CNBC's Jim Cramer earlier this month beat up the latest number of companies going public for special purposes through shell companies called SPACs, or acquisition companies.Weeks after warning viewers of celebrity-backed SPACs, which he…

Private jet company Wheels Up is merging with a special purpose vehicle company to go public with a value of more than $ 2 billion - more than double what it was in 2019.The deal, which is expected to close in the second quarter, will make…

Taboola, which was founded in Israel and is now based in New York, is profitable, according to Singolda, who had projected gross sales of $ 1.2 billion last year - $ 379 million in net sales excluding payouts to publishers.In late 2019,…