The Latest Breaking News from SPAC

Yale's Sonnenfeld and Tian retrace presidential hopeful Vivek Ramaswamy's business record.

Shares of special purpose acquisition company Digital World (DWAC) have plummeted more than 70% over the past year. The stock has been on a downtrend since news of the merger with Donald Trump’s media company broke in 2021, with federal investigations delaying the deal’s closing. So, following Trump’s recent indictment,…

VinFast, the high-spending Vietnamese automaker with bold plans in North Carolina, has for months sought a path to the stock market. It’s now poised to take an alternative route to get there.

VinFast recently said it will hit the US stock market via a SPAC that will close this year. This is the first guidance the company has provided since then.

SPACs surged in popularity in 2020 and 2021, but have been a rarity since

Once attracting intense interest for its commercial EV ambitions, the lights may go out on Lordstown Motors as RIDE stock crumbles badly.

Hambro Perks Acquisition Company blames ‘challenging circumstances’ for stock market listings

Buzzfeed News is shutting down, and journalists took to social media last night to mourn its loss.

Richard Kim—who was behind Canoo’s sleek, futuristic award-winning design—helped propel the EV company to its initial notoriety.

The billionaire venture capitalist has a harsh message for unprofitable startups: 'the mathematical truth of high interest rates is that it renders your company valueless.’

The startup founded by the Brit will not attempt to reorganize under protection from creditors but instead will pursue an outright sale.