Tag: Spac
-
Dave Gets Approval On SPAC, To Start Trading Thursday
Los Angeles-based banking app developer Dave will start trading on the Nasdaq Global Market as DAVE, starting Thursday, January 6th, after stockholders of VPC Impact Acquisition Holdings III approved the deal to merge with Dave in a SPAC deal. The acqu…
-
Games & Esports Experience Acquisition Corp. Raises $175M In IPO
Los Angeles-based Games & Esports Experience Acquisition Corp., a newly formed special purpose acquisition company (SPAC), says it is raising $175M in an intial public offering (IPO). The company is offering up 17,500,000 units of its stock at $10.00 p…
-
United Talent Agency’s $200 Million Gaming SPAC Lands on the Nasdaq
One of the world’s largest talent agencies launched its first SPAC on the Nasdaq exchange on Thursday. United Talent Agency’s UTA Acquisition Corp. raised $200 million in the IPO, fueling its efforts to snap up a “compelling” gaming or creator economy…
-
Virgin Orbit Sets Planned Board
Long Beach-based Virgin Orbit has set the planned board of directors for the company, assuming its ongoing special purpose acquisition (SPAC) deal goes through as planned. According to Virgin Orbit, the new board of directors of the combined company, w…
-
FaZe Clan To Go Public Via SPAC
Los Angeles-based e-sports brand FaZe Clan said this morning that it is in the midst of becoming publicly listed, via a merger with a Special Purpose Acquisition Company (SPAC). According to the company, it expects to list on the NASDAQ, via a merger w…
-
Navitas Semiconductor Hits Nasdaq
El Segundo-based semiconductor developer Navitas Semiconductor has debuted on the Nasdaq Global Market, after its acquisition by a Special Purpose Acquisition Company (SPAC), the company said on Wednesday afternoon. The developer of gallium nitride (Ga…
-
Quantum Computing Firm Rigetti to Go Public in $1.5 Billion Deal with Zillow Co-Founder’s SPAC
A shell company co-created by former Zillow CEO and dot.LA co-founder Spencer Rascoff revealed today that it’s merging with quantum computing company Rigetti in a $1.5 billion deal. Based in Oakland, Rigetti is expected to trade on the New York St…
-
More SPAC Action: Tech Company Using Gravity to Store Energy Inks $1.6 Billion Deal
Energy Vault, a startup that uses gravity and composite blocks heavier than a school bus to store renewable energy, plans to go public in a $1.6 billion merger with a special purpose acquisition company (SPAC).The combined entity — consisting of the W…
-
Rocket Lab Hits The Nasdaq
Long Beach-based Rocket Lab is the region’s newest, public company, after completing a deal with a special purpose acquisition company (SPAC) this morning. The company–which rang the Nasdaq opening bell this morning–merged with Vector Acquisition Cor…
-
Long Beach-Based Virgin Orbit Going Public via SPAC, Valued At $3.2 Billion
Virgin Orbit, the four-year-old spinout of Richard Branson’s space firm Virgin Galactic is merging with NextGen Acquisition Corp. 11 at the end of the year to become a publicly traded company under the NASDAQ ticker VORB.The merger will provide the co…