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Tag: IPO

Walk of Fame Street Star IPO

Delaware Court Decision Adds to SPACs’ Woes

Walk of Fame Street Star IPO

Not so long ago, special-purpose acquisition companies – more commonly known as SPACs – were Wall Street’s next big thing. The blank-check entities unofficially became a fad around the time SPACs affiliated with celebrities such as Shaquill...

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Iridescent seashell shimmering in the sunlight

What Does Gary Gensler Have Against SPACs?

Iridescent seashell shimmering in the sunlight

The growth of special-purpose acquisition companies – commonly known as SPACs – represents one of the investing world’s biggest stories in recent years. According to Securities and Exchange Commission Chair Gary Gensler, initial public offe...

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Spacy SPAC Deal Prompts SEC Enforcement

Spacy SPAC Deal Prompts SEC Enforcement

Spacy SPAC Deal Prompts SEC Enforcement

After talking for months about applying stricter scrutiny to special purpose acquisition companies, the Securities and Exchange Commission has started making good on its promise. The SEC announced charges earlier this month against multiple...

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3 Things the BuzzFeed Merger Tells Us About SPACs

3 Things the BuzzFeed Merger Tells Us About SPACs

3 Things the BuzzFeed Merger Tells Us About SPACs

It’s everyone’s favorite spot for personality quizzes, news about celebrity Instagram posts and viral videos of food absurdities. Now thanks to a special purpose acquisition company – more commonly known as a SPAC – BuzzFeed is about to hav...

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Robinhood Shakes Up IPOs

Robinhood Shakes Up IPOs

Robinhood Shakes Up IPOs

The Robin Hood of English legend became a heroic outlaw by stealing from the rich to give to the poor. The Robinhood in the headlines today claims to give everyday investors access to a financial system that favors the wealthy. Facing charg...

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