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JOBY News

28 SPAC mergers that have outperformed in 2023

Joby Aviation (Reinvent Technology Partners) logo

After a dismal 2022, a number of SPAC mergers have outperformed this year alongside a strong rebound in IPO returns and the broader stock market. While most de-SPACs continue to trade below the $10 transaction price, investors may be finding hidden gems among...read more

Preparing for take-off: Urban aircraft companies are choosing SPAC mergers

Joby Aviation (Reinvent Technology Partners) logo

Urban aircraft companies are lifting off to reach public markets via SPACs.  Just as consumers flocked to ridesharing apps such as Uber and Lyft for their convenience and speed, urban air taxis should allow users to avoid road congestion, public...read more

Tech entrepreneurs' SPAC Reinvent Technology Partners Z files for a $200 million IPO

Joby Aviation (Reinvent Technology Partners) logo

Reinvent Technology Partners Z, the second blank check company formed by Reinvent Capital targeting the tech sector, filed on Monday with the SEC to raise up to $200 million in an initial public offering. The New York, NY-based company plans to raise $200...read more

US IPO Weekly Recap: Snowflake's IPO breaks records in a diverse 15 IPO week

SNOW

In the busiest week yet for the 2020 IPO market, 15 IPOs raised $8.7 billion. Snowflake (SNOW) took the spotlight, completing the largest software IPO ever and bagging the biggest billion-dollar pop in two decades. Eight SPACs joined the...read more