About 440 companies have listed via SPAC mergers in the past five years, with only 9% (40) currently trading above their original IPO price. Below, we highlight the 15 de-SPACs in that group that are sizable, have positive revenue growth and EBITDA, and decent...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
Gores Guggenheim, a blank check company formed by The Gores Group and Guggenheim Partners, raised $750 million by offering 75 million units at $10. Each unit consists of one share of common stock and one-fifth of a warrant, exercisable at $11.50. The...read more
Gores Guggenheim, a blank check company formed by The Gores Group and Guggenheim Partners, filed on Monday with the SEC to raise up to $750 million in an initial public offering. The Boulder, CO-based company plans to raise $750 million by offering 75...read more
15 profitable SPAC mergers that have traded up from listing
About 440 companies have listed via SPAC mergers in the past five years, with only 9% (40) currently trading above their original IPO price. Below, we highlight the 15 de-SPACs in that group that are sizable, have positive revenue growth and EBITDA, and decent...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
SPAC Gores Guggenheim prices $750 million IPO, formed by The Gores Group and Guggenheim Partners
Gores Guggenheim, a blank check company formed by The Gores Group and Guggenheim Partners, raised $750 million by offering 75 million units at $10. Each unit consists of one share of common stock and one-fifth of a warrant, exercisable at $11.50. The...read more
The Gores Group and Guggenheim Partners' SPAC Gores Guggenheim files for a $750 million IPO
Gores Guggenheim, a blank check company formed by The Gores Group and Guggenheim Partners, filed on Monday with the SEC to raise up to $750 million in an initial public offering. The Boulder, CO-based company plans to raise $750 million by offering 75...read more