A Financier’s Valentine

A Financier’s Valentine

The Big Q: What do you give a financier for Valentine‚Äôs Day? The Big A: A SPAC (special-purpose acquisition company), of course. After a big Y 2020 for US floats of blank-check vehicles, breaking all prior records with $83-B of proceeds from 248 deals, according to SPAC Research, this yr is already more than half […]

SPACs Search for Asian ‘Unicorns’

SPACs Search for Asian ‘Unicorns’

#SPACs #Asia #Unicorn The Hot fundraising ticket on Wall Street this year will soon take hold in Asia, as SPACs (special purpose acquisition companies), hunt for fast-growing tech firms that are ready to go public. SPACs are exchange-listed shell companies that raise money through initial IPOs (public offerings) and merge with firms by offering shorter […]