Blank-check mergers have faced a myriad of challenges lately, including poor returns, high redemptions, and rising terminations. In this tough environment, 2022 SPAC mergers have taken longer to complete than prior years, averaging about 7 months from deal...read more
Swedish electric vehicle developer Polestar Automotive (PSNY) began trading on the Nasdaq on June 24 after completing one of the largest-ever SPAC mergers, a deal that valued the company at $20 billion. Including the PIPE, Polestar received...read more
Golden Path Acquisition, a blank check company targeting businesses with a connection to the Asian market, raised $50 million by offering 5 million units at $10. Each unit consists of one share of common stock, one warrant to purchase one-half of a share...read more
Golden Path Acquisition, a blank check company targeting businesses with a connection to the Asian market, filed on Friday with the SEC to raise up to $50 million in an initial public offering. The New York, NY-based company plans to raise $50 million by...read more
SPAC mergers now take more than 7 months to complete on average
Blank-check mergers have faced a myriad of challenges lately, including poor returns, high redemptions, and rising terminations. In this tough environment, 2022 SPAC mergers have taken longer to complete than prior years, averaging about 7 months from deal...read more
Polestar trading holds up in the weeks since its SPAC listing; here’s how the electric vehicle maker stacks up against others
Swedish electric vehicle developer Polestar Automotive (PSNY) began trading on the Nasdaq on June 24 after completing one of the largest-ever SPAC mergers, a deal that valued the company at $20 billion. Including the PIPE, Polestar received...read more
Asia-focused SPAC Golden Path Acquisition prices $50 million IPO
Golden Path Acquisition, a blank check company targeting businesses with a connection to the Asian market, raised $50 million by offering 5 million units at $10. Each unit consists of one share of common stock, one warrant to purchase one-half of a share...read more
Asia-focused SPAC Golden Path Acquisition files for a $50 million IPO
Golden Path Acquisition, a blank check company targeting businesses with a connection to the Asian market, filed on Friday with the SEC to raise up to $50 million in an initial public offering. The New York, NY-based company plans to raise $50 million by...read more