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The Latest Breaking News from SPAC

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

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

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

From analysis to the latest developments in health,
read the most diverse news in one place.

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

'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

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

Getty Images, MicroStrategy And 3 More Short Squeeze Stocks That Could Soar This Week

Potential short squeeze plays gained steam in 2021 and have continued through 2022 with new traders looking for the next huge move.

Benzinga

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Bakkt To Acquire Apex Crypto: What Investors Should Know And Why It's Important

Digital asset platform company Bakkt Holdings Inc (NYSE: BKKT) announced it is acquiring Apex Crypto from Apex Fintech Solutions for a total purchase price of $200 million.

Benzinga

LiveWire Investors Withdraw Nearly $370M After Company Goes Public

Investors redeem nearly $370M after Harley-Davidson takes all-electric subsidiary LiveWire public, prompting the brand to siphon more funds into the offshoot.

RideApart

Former NFL QB Colin Kaepernick Is The Latest SPAC Casualty

The deal faced pushback because Kaepernick did not reportedly want to promote the merger on television.

Zenger

Former NFL QB Colin Kaepernick The Latest SPAC Casualty, Costing Investors Millions

A SPAC that included a former National Football League quarterback is the latest to announce a liquidation. The SPAC was close to locking down a deal, but it might have fallen apart at the hands of the quarterback.

Benzinga

JD Vance's firm invested in food company now facing lawsuits

A high-tech sustainable food company in Appalachia that was promoted by JD Vance and financed with help from his venture capital firm is facing five lawsuits alleging it misled investors

The Independent UK

Conservative Platform Rumble Is The Target of Short Seller Allegations The Company Calls 'False Innuendos'

The video platform Rumble Inc. (NASDAQ: RUM), which went public in a de-SPAC deal last month, is down 15% Thursday afternoon alongside a fresh short report on the stock from The Bear Cave.

Benzinga

The New 3 Musketeers: Kanye West, Donald Trump And Elon Musk — These 3 Unique Personalities Have This In Common

“All for one, and one for all” could have new meaning in the world of social media thanks to three unique, well-known personalities. What Happened: Kanye West, Donald Trump and Elon Musk are all familiar names to millions of people in America and around the world. All three could also…

Benzinga

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WEKU

Google is now distributing Truth Social, Trump's Twitter alternative

It is an about-face for the tech giant, which had blocked Trump's social media app from Google Play, its app store, over content that can incite violence.

Benzinga

US Stocks Show Cautious Optimism As S&P 500, Dow Futures Surge Ahead Of Key CPI Data — Trump's SPAC Partner, Applied Materials And Chip Stocks In Focus Today

The U.S. index futures are pointing to a higher opening on Wall Street, reflecting traders’ hopes that the consumer price inflation data may prove benign.

Axios

Truth Social SPAC again delays shareholder vote

It is unable to access hundreds of millions of dollars tied to a prospective merger with a blank check acquisition company.

Benzinga

Another 'Yuge' Setback For Donald Trump's SPAC Merger Deal: Will The Deal Fall Apart?

A SPAC set to take former President Donald Trump’s new media company public is facing another setback as it moves closer to liquidation.

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news in one place.

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Miami Herald

Behind the scenes of how Trump’s Truth Social was born, and how it could fall apart

Former President Donald Trump’s quest to establish a Florida-based social media platform as a conservative alternative to Twitter will face a critical vote on Monday when investors decide whether to extend a deadline allowing more time for the federal government to sign off on the deal.

Benzinga

Without 'The Apprentice' There Would Be No President Trump: New Book Details How Reality TV Helped Him Win In 2016

In her newly released book, “Confidence Man: The Making of Donald Trump and the Breaking of America," author Maggie Haberman recalls how the reality TV show “The Apprentice” helped shape the way voters saw former President Donald Trump.

Liverpool Echo

Why US interest in Everton is set to continue as 'takeover' talks emerge

Everton have attracted interest from US investors in recent months

Benzinga

Asia Innovations SPAC Listing: Based in Singapore, But Made in China

Key Takeaways: Developing markets social media company Asia Innovations is planning a U.S. SPAC listing that could provide it with up to $350 million in new funds Company could represent a new generation of founding teams with Chinese roots setting up internet companies in Singapore to avoid stricter Chinese regulations

Liverpool Echo

Everton takeover clock is ticking as American interest and SPAC explained

Everton have reportedly held preliminary discussions with LAMF Global Ventures Corp

Liverpool Echo

Everton in 'takeover talks' with US group led by George Soros nephew and advised by Keith Harris

Everton have reportedly held preliminary talks with a US-based special purpose acquisition company with regards to a takeover

Benzinga

Billionaire VC Chamath Palihapitiya Sells Clover Health Shares: Is He No Longer Bullish?

Once touted as the SPAC King, Chamath Palihapitiya used blank check companies to take several private companies public. But as the SPAC craze dies out, the billionaire venture capitalist is now distancing himself from those particular investment vehicles.

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