EV Maker Faraday Future Goes Public on Nasdaq via Merger with PSAC
EV manufacturer Faraday Future has agreed to go public through a merger with the Property Solutions Acquisition Corp (PSAC) with the combined entity valued at $3.4 billion.
Tag: #SPAC
Showing 11 of 11 posts with this tag
Tim Hortons China Edges Closer to US Listing
Canadian coffee chain Tim Hortons has recently made further progress in plans to list its Chinese business division in the US. Silver Crest, a special purpose acquisition company, will hold a general meeting regarding the merging matter on August 18.
8/12/20223 min read
SPAC Vision Deal Debuts on HKEx
Vision Deal HK Acquisition Corporation, a special purpose acquisition company (SPAC) initiated by David Wei, Founding Partner and Chairman of Vision Knight Capital, DealGlobe and Opus, was officially listed on the Hong Kong Stock Exchange on Friday.
6/10/20222 min read
Geely-Backed Polestar to List Via Merger With SPAC Gores Guggenheim
Gores Guggenheim, a special purpose acquisition company, and Polestar, a Swedish electric car company, announced Tuesday that they expect to close the merging of their businesses on June 23, subject to the former's stockholder approval.
6/22/20223 min read
Ucommune Officially Withdraws $100 Million US Listing Plan, Instead Targets SPAC Merger
Chinese co-working space provider Ucommune Thursday announced the withdrawal of its initial public offering plan from the New York Stock Exchange where it originally filed in December 2019.
Mobile Social Company Asia Innovations Group to Go Public in US via SPAC Merger
On September 30, Asia Innovations Group Limited (AIG), a Singapore-based mobile app developer, announced that it had signed a business merger agreement with Magnum Opus Acquisition Limited (NYSE: OPA), a special purpose acquisition company (SPAC).
10/1/20223 min read
Retired Property Magnate Wang Shi Files Hong Kong Listing Application for Destone Acquisition
Destone Acquisition, a special purpose acquisition company (SPAC) with backing from Wang Shi, the founder of major Chinese property developer Vanke, on April 8 formally submitted an application for listing on the HKEx.
4/11/20222 min read
Pony.ai Said to Suspend US Public Listing Through SPAC
Reports surfaced Thursday that self-driving startup Pony.ai is to suspend plans to go public in the US at a valuation of $12 billion. Pony.ai responded to Sina Technology that it has not yet confirmed the listing plan or schedule.
Ride-Hailing Firm Wanshun to Go Public in US Via SPAC
Wanshun Car-Hailing, a Shenzhen-based ride-hailing service platform, has recently reached a cooperation agreement with an overseas special-purpose acquisition company (SPAC), planning to be listed in the US this year.
9/5/20222 min read
Vision Deal Passes HKEx Hearing, Becoming the Exchange's Second SPAC
Vision Deal HK Acquisition Corp, a special purpose acquisition company (SPAC), has received approval following a listing hearing a few days ago. Citigroup and Haitong International Capital are serving as co-sponsors.
5/30/20222 min read
SPAC TechStar Acquisition Corporation Files for Hong Kong Listing
TechStar Acquisition Corporation, a special purpose acquisition company (SPAC) initiated by CNCB Capital, Zero2IPO Group, Zero2IPO Capital, and three individuals, submitted a listing application to the main board of the HKEx on June 24.
6/28/20222 min read