SPAC

USDC stablecoin developer Circle ends its planned SPAC merger with Concord Acquisition Corp., announced in July 2021, by mutual agreement (Parikshit Mishra/CoinDesk)

December 5, 2022

[ad_1] Parikshit Mishra / CoinDesk: USDC stablecoin developer Circle ends its planned SPAC merger with Concord Acquisition Corp., announced in…

Autonomous trucking software company Embark lost ~98% of its market value, or ~$5B, since going public a year ago via a SPAC merger, amid a sector-wide downturn (Joanna Glasner/Crunchbase News)

December 4, 2022

[ad_1] Joanna Glasner / Crunchbase News: Autonomous trucking software company Embark lost ~98% of its market value, or ~$5B, since…

LGBTQ dating app Grindr closed up 213.84% at $36.50 per share in its NYSE debut under the new ticker GRND following its SPAC merger (Alex Harring/CNBC)

November 19, 2022

[ad_1] Alex Harring / CNBC: LGBTQ dating app Grindr closed up 213.84% at $36.50 per share in its NYSE debut…

Filing: Bird overstated its revenue for over two years by counting unpaid customer rides; valued at ~$2.3B in its SPAC merger, Bird now has a ~$104M market cap (Jaclyn Trop/TechCrunch)

November 15, 2022

[ad_1] Jaclyn Trop / TechCrunch: Filing: Bird overstated its revenue for over two years by counting unpaid customer rides; valued…

Bright Machines, which automates manufacturing tasks with AI and robotics, raised a $100M Series B and $32M in debt after pulling its SPAC deal in December 2021 (Brian Heater/TechCrunch)

November 1, 2022

[ad_1] Brian Heater / TechCrunch: Bright Machines, which automates manufacturing tasks with AI and robotics, raised a $100M Series B…

Malaysian payments technology company Super Apps Holdings plans to go public in the US via a SPAC merger at a ~$1.1B valuation, listed on the Nasdaq under TETE (Niket Nishant/Reuters)

October 19, 2022

[ad_1] Niket Nishant / Reuters: Malaysian payments technology company Super Apps Holdings plans to go public in the US via…

A profile of Akili, which makes a US FDA-cleared game designed to treat ADHD in children; Akili raised $160M+ after going public via a SPAC deal in August 2022 (Rebecca Heilweil/Vox)

October 9, 2022

[ad_1] Rebecca Heilweil / Vox: A profile of Akili, which makes a US FDA-cleared game designed to treat ADHD in…

Thiel-backed conservative video platform Rumble is up 37% after going public via SPAC merger at a $2.1B valuation, raising $400M (Lizette Chapman/Bloomberg)

September 19, 2022

[ad_1] Lizette Chapman / Bloomberg: Thiel-backed conservative video platform Rumble is up 37% after going public via SPAC merger at…

Grindr appoints George Arison as CEO, starting on October 19, before its planned SPAC merger; Arison helped auto marketplace Shift go public via a SPAC in 2020 (Michael Tobin/Bloomberg)

September 13, 2022

[ad_1] Michael Tobin / Bloomberg: Grindr appoints George Arison as CEO, starting on October 19, before its planned SPAC merger;…

Digital World Acquisition Corp., seeking to take Truth Social public via a SPAC, fails to gain shareholder approval and sets an October 10 deadline for a vote (Jack Stebbins/CNBC)

September 12, 2022

[ad_1] Jack Stebbins / CNBC: Digital World Acquisition Corp., seeking to take Truth Social public via a SPAC, fails to…