The Latest Breaking News from SPAC

Lotus Set To Go Public Via SPAC At $5.4 Billion Valuation

Lotus is set to go public under the ticker 'LOT'. The brand will be valued at $5.7 billion - a similar amount to Mazda.

InsideEVs · Feb 4, 2023

A battle may be shaping up between the two richest men in the world over who controls the luxury electric car market

The English sports car brand Lotus plans to float its shares on the Nasdaq stock market in the latter half of this year through a reverse merger with a SPAC firm backed by Bernard Arnault.

Fortune · Feb 1, 2023

Chinese owner of Lotus Technology to list a stake in US via blank cheque firm

EV maker and R&D arm of car group owned by Geely planning to join Nasdaq in deal with Spac backed by Bernard Arnault

The Guardian - UK · Jan 31, 2023

Circle pulls the plug on SPAC as stablecoin giant announces it is profitable

Circle and Concord Acquisition have called off a long-planned merger that would have made Circle a public company.

Fortune · Dec 5, 2022

As production begins at troubled EV company Canoo, internal documents show vehicle parts are still missing and late payments may lead to delays

The company has said it will complete its first 15 vehicles before the end of the year.

Fortune · Dec 1, 2022

Belfast's Rockpool Acquisitions launches £22M bid for London engineering firm

The deal by the special purpose acquisition company will be known as a reverse takeover

Birmingham Post · Nov 18, 2022

Digital World Acquisition Corp Is By Far The Most Shorted SPAC: The Other Top SPACs Short Sellers Are Targeting

Digital World Acquisition Corp (NASDAQ: DWAC) shares plunged 20.1% on Wednesday morning after Republican candidates endorsed by President Donald Trump performed poorly

Benzinga · Nov 9, 2022

Lanvin Nears Completion of U.S. SPAC Listing. Now the Work Begins

Key Takeaways: Lanvin Group’s plan for a SPAC listing has moved a step closer to completion with the setting of a Dec.

Benzinga · Nov 8, 2022

'See The Problem?': Short Seller Jim Chanos Rips Into Trump's DWAC Stock Valuation Amid Share Spike

A leading short seller is warning investors to remain cautious on one of Monday's the top stock gainers. Here’s a look at one of the biggest stocks related to Donald Trump and why it’s moving and what could be next.

Benzinga · Nov 7, 2022

14 Stocks To Watch If Donald Trump Announces 2024 Presidential Bid: 6 For Now, 8 For Later

Former President Donald Trump has hinted at announcing a run for president again in the 2024 election. New reports said Trump could formally announce his plan on Nov.

Benzinga · Nov 7, 2022