Clover will go public via a merger with Social Capital Hedosophia Holdings Corp. III, a special purpose acquisition company.
public last year and has been particularly active in the SPAC world in 2020. Palihapitiya previously revealed he has reserved tickers from "IPOA" through "IPOZ" on the New York Stock Exchange.
A SPAC is formed to raise funds to finance a merger or acquisition within two years typically. The target firm will be taken public through the acquisition.
Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
Infected and Contagious Trump Takes Brief Car Ride, Ignores Public Health GuidelinesDriving by in a black SUV with the windows rolled up, the still-sick president greeted supporters outside Walter Reed Hospital.
Weiterlesen »
The top law firms behind the SPAC boom include Skadden, Davis Polk - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Weiterlesen »
Mexico unveils $14 billion investment plan to gee up economyMexico's government and business leaders on Monday presented a series of planned investments worth nearly $14 billion which President Andres Manuel Lopez Obrador hopes will help to lift the struggling economy.
Weiterlesen »
How Cathie Wood Beat Wall Street By Betting Tesla Is Worth More Than $1 TrillionThe newest superstar investor has leveraged a zealous belief in innovation into a $29 billion-in-assets firm and a $250 million net worth.
Weiterlesen »
How Cathie Wood Beat Wall Street By Betting Tesla Is Worth More Than $1 TrillionThe newest superstar investor, Cathie Wood has leveraged a zealous belief in innovation into a $29 billion-in-assets firm and a $250 million net worth. Among her predictions: Elon Musk's car company is vastly undervalued
Weiterlesen »
SPACs are one good scrub away from respectabilityBlank check companies have many qualities of an investment mania. There’s even an ETF that lets everyday investors take a punt on these complex, insider-friendly acquisition vehicles. With a cleanup, though, they could shed their shady image. The IPO world could use disruption.
Weiterlesen »