The Latest Breaking News from SPAC

A specially formed SPAC and sputtering Truth Social app may have their days numbered.

Both social media upstarts plan to go public via SPACs, but only one is making major progress.

Detroit-based Benzinga, a media and data provider bridging the gap between retail and institutional investors, sent its team to Miami, Florida April 6-9, for Bitcoin 2022.

Retail investors love a good story for stocks, as well as love the opportunity to get into some potential growth stories on the ground floor. SPACs were one of the hottest stories in 2020 and 2021 but have fallen out of favor with many companies trading well below the $10 price…

Electric airplane start-up Vertical Aerospace (EVTL) has been making several positive developments, but it is yet to turn profitable. So, let’s find out if it is wise to invest in the stock now.

CNBC US Calls For Global Agreement To End Anti-Satellite Missile Testing

Spotify Technology SA's (NYSE:SPOT) smaller French rival Deezer looks to go public via a SPAC merger backed by billionaire Francois Pinault's investment group and investment banker Matthieu Pigasse, the Financial Times reports. Deezer merged with I2PO, a Paris-listed special purpose acquisition company. The SPAC raised €135 million in the form of Private Investment in Public Equity…

Taiwanese electric scooter maker Gogoro Inc’s (NASDAQ:GGR) Chief Executive Officer Horace Luke said that the company has an adequate amount of chips to meet its needs, Reuters reported. The report quoted Luke saying the company used far fewer chips than electric car makers and has a healthy supply of chips. Meanwhile, CEO Luke warned…

French music streaming platform Deezer on Monday announced plans for a stock market listing in Paris in a deal valuing the business at just over 1 billion euros ($1.08 billion), the company said in a statement with a Special Purpose Acquisition Company (SPAC) 12PO.