SPAC

Data analytics company Palantir Technologies Inc. (NYSE: PLTR) has grown its clientele through corporate partnerships and tie-ups with startups. Palantir's ‘Win-Win' Proposition: Palantir has been forging unique relationships with startup companies, using the investment route to...

Benzinga routinely examines a stock that might be considered a little under the radar. The company may not be well-known, but chances are the line of work it’s in is pretty familiar. This is called the “thing behind the thing.” A company that provides rare earth minerals needs for...

Billionaire hedge fund manager Bill Ackman will be headed to court after a new lawsuit was filed on Tuesday related to his special purpose acquisition company (SPAC). What Happened? The New York Times reported that former SEC commissioner Robert Jackson and Yale Law School professor John...

A SPAC focused on the consumer sector has announced the acquisition of a leading restaurant company in China.  The SPAC Deal: Tim Hortons International Limited, also known as Tims China, announced a SPAC deal with Silver Crest Acquisition Corporation (NASDAQ: SLCR). The deal values the...

One of the most anticipated states to bring online sports betting to its residents remains New York. The state is in the middle of receiving bids from parties for a license, a process that could now get messy with the resignation of Gov. Andrew Cuomo. What Happened: Cuomo favored a...

A SPAC led by the founder of Memic Innovative Surgery and several experienced medical device company executives has announced its merger partner.  The SPAC Deal: Memic Innovative Surgery announced a SPAC merger with MedTech Acquisition Corp (NASDAQ: MTAC) Friday. The merger...

A leading fleet charging company in Europe announced plans to go public via a SPAC merger Thursday morning. The SPAC Deal: EO Charging announced a SPAC merger with First Reserve Sustainable Growth Corp (NASDAQ: FRSG). The deal values the company at a pro forma enterprise value of $675 million....

Home buying and selling company Opendoor Technologies Inc (NASDAQ: OPEN) reported second-quarter financial results after hours Wednesday. What Happened: Opendoor, which went public via SPAC merger, reported second-quarter revenue of $1.2 billion, up 59% from the first quarter. The revenue total...

A SPAC announced a merger Tuesday to bring several hospitality websites public. Here are the details of the merger and how the company could be a reopening play. The SPAC Deal: HotelPlanner and Reservations.com will merge with Astrea Acquisition Corp (NASDAQ: ASAX). The deal values the combined...

Hotel-deal booking specialists HotelPlanner and Reservations.com are close to signing a merger deal and go public via Astrea Acquisition Corp (NASDAQ: ASAX), a special purpose acquisition company, The Wall Street Journal reported on Monday.  What Happened: The deal estimated to be valued at $...

A leading iGaming operator is being acquired by the online sports betting company present in the most states. What Happened: DraftKings Inc (NASDAQ: DKNG) is acquiring Golden Nugget Online Gaming (NASDAQ: GNOG) in an all-stock deal. Golden Nugget Online Gaming shareholders will receive 0.365 shares...

The months of June and July were among the busiest for SPAC merger votes so far in 2021. August is now filling up with several deal votes happening each week. Many of the July merger votes acted as catalysts with shares seeing sharp increases or decreases on their last few days trading under...

Consolidation in the sports betting industry could be coming with investors digesting the acquisition of Score Media and Gaming Inc (NASDAQ: SCR) by Penn National Gaming, Inc (NASDAQ: PENN). The highly competitive sports betting market and push to acquire customers and market share could...

Two companies that went public via SPAC in the sports betting sector announced a partnership ahead of the upcoming National Football League season. What Happened: Draftkings Inc (NASDAQ: DKNG) and Genius Sports (NYSE: GENI) announced a multi-year sports data supplier agreement. Under the terms...