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Why FST SPAC Shares Are Up 13%
Thursday, July 1, 2021 - 2:02pm | 308Read More...Shares of Fast Acquisition Corp (NYSE: FST) are trading higher on new terms for the SPAC merger and additional restaurants added to the new company. What Happened: The enterprise value of the SPAC merger between Tilman Fertitta and Fast Acquisition Corp was raised from $6.6 billion to $8.6 billion...
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SPAC Wars: Desktop Metal Vs. Velo3D, Battle For 3D Printing
Thursday, July 1, 2021 - 1:48pm | 572Read More...The hosts of Benzinga’s “SPACs Attack” held several SPAC Wars battles featuring companies that went public or are going public via SPAC that compete in similar industries. A recent battle was Desktop Metal Inc (NYSE: DM) versus Velo3D, a company merging with Jaws Spitfire...
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Bowlero Lands SPAC Deal: Reopening, Media And Sports Betting Could Add Upside
Thursday, July 1, 2021 - 10:41am | 806Read More...The largest owner and operator of bowling centers worldwide is going public with a SPAC deal announced Thursday morning. The SPAC Deal: Bowlero announced a SPAC merger with Isos Acquisition Corp (NYSE: ISOS) valuing the company at a pro forma enterprise value of $2.6 billion. A PIPE of $450...
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What's Next For Churchill Capital Stock: Technical Levels To Watch
Wednesday, June 30, 2021 - 5:33pm | 400Read More...Churchill Capital Corp. (NYSE: CCIV) shares gained 9.42% Wednesday, closing at $28.82. The company's shareholders are set to vote July 22 on a SPAC deal with Lucid Motors. Here's a look at technical levels for the SPAC stock. Churchill Capital Daily Chart Analysis Shares...
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Why ASTS Shares Are Heading To Space Today
Wednesday, June 30, 2021 - 1:41pm | 239Read More...Shares of 5G from space company AST SpaceMobile Inc (NASDAQ: ASTS) are rocketing higher Wednesday. What Happened: Deutsche Bank initiated shares of ASTS with a Buy rating and a price target of $35 citing a favorable risk/reward profile. Four model scenarios from the analyst reached price targets...
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Luxury Travel Subscription Company Inspirato Going Public With Growing Market And Pent-Up Demand
Wednesday, June 30, 2021 - 10:54am | 599Read More...Luxury travel subscription company Inspirato announced a SPAC deal Wednesday. The SPAC Deal: Inspirato is going public with Thayer Ventures Acquisition Corp (NASDAQ: TVAC) valuing the company at an enterprise value of $1.1 billion. The company will trade as ticker "ISPO" on the...
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Momentus SPAC Partner SRAC Rises On Valuation Cut Announcement
Tuesday, June 29, 2021 - 5:13pm | 326Read More...A SPAC deal announced in October has cut its valuation in a new SEC filing Tuesday after hours. What Happened: Momentus, set to merge with Stable Road Acquisition Corp (NASDAQ: SRAC), has amended the terms of its SPAC merger. The deal price was cut from $1.13 billion to $566.6 million as announced...
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What's Next For Indie Semiconductors Stock After SPAC Deal?
Tuesday, June 29, 2021 - 1:38pm | 368Read More...Indie Semiconductors Inc. (NASDAQ: INDI) shares are trading higher Tuesday morning after the company was listed on the Nasdaq schange. The company announced June 10 the completion of its business combination with Thunder Bridge Acquisition II Ltd. (NASDAQ: THBR). The combined company now...
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Digital Advertising Company System1 Gets SPAC Deal With Bill Foley: What Investors Should Know
Tuesday, June 29, 2021 - 10:58am | 526Read More...A leading omnichannel customer acquisition platform announced a SPAC deal Tuesday with a well-known SPAC sponsor. The SPAC Deal: System1 announced a SPAC merger with Trebia Acquisition Corp (NYSE: TREB). The SPAC is one of several launched by Bill Foley, who will join the board of directors upon...
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5 SPACs To Watch In The Second Half Of 2021
Tuesday, June 29, 2021 - 8:30am | 902Read More...As the close of the first half of 2021 nears, investors have a chance to look at some companies that could have big moves in the second half of 2021. Here is a look at five SPACs to watch in the second half of 2021. Churchill Capital Corp IV: Electric vehicle company Lucid Motors is merging...
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5 Companies To Watch After Los Angeles Lakers Equity Sale
Monday, June 28, 2021 - 6:20pm | 654Read More...One of the most storied pro sports teams of all time is getting a new $5 billion valuation and a partial sale of the team that was revealed over the weekend. What Happened: Los Angeles Dodgers owners Mark Walter and Todd Boehly are purchasing 27% of the Los Angeles Lakers, according to Sportico....
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One In Five Russell 3000 Additions Went Public Via SPAC: What Investors Should Know
Monday, June 28, 2021 - 12:12pm | 1445Read More...One of the biggest events for investors last week was the new additions to the Russell 3000 Index. The inclusion in the index means several ETFs have to add shares of the stocks as part of the rebalancing efforts. What Happened: There was a large number of additions to the Russell 3000 Index on...
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SPAC Wars: DraftKings Vs. Rush Street Interactive
Friday, June 25, 2021 - 8:16am | 587Read More...The hosts of Benzinga’s “SPACs Attack” held several SPAC Wars battles featuring companies that went public via SPAC merger competing in the same industry. One of the high-profile battles was Draftkings Inc (NASDAQ: DKNG) versus Rush Street Interactive Inc (NYSE: RSI), two...
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BuzzFeed Going Public Via SPAC Merger: What Investors Should Know
Thursday, June 24, 2021 - 2:53pm | 594Read More...Digital content and commerce company BuzzFeed is going public in a SPAC deal bringing a portfolio of brands aimed at millennials and Gen Z to the market. The SPAC Deal: BuzzFeed is merging with 890 Fifth Avenue Partners Inc (NASDAQ: ENFA) in a deal valuing the company at $1.5 billion. As part...
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Connected TV Ad Delivery Company Innovid Lands SPAC Deal: What Investors Should Know
Thursday, June 24, 2021 - 11:25am | 468Read More...The world’s largest independent ad delivery platform for connected television is going public in a SPAC deal announced Thursday. The SPAC Deal: Innovid, a portmanteau of innovation and video, is going public via SPAC merger with ION Acquisition Corp 2 (NYSE: IACB). Innovid's ...














