Shell says it will pay just $169 million to buy Volta Industries, which went public via SPAC in 2021.
SPAC
As we revisit a previously curated list of truly terrible SPAC performers, it’s clear they’re closing out the year at a particularly low point.
Out of all the beaten-down public companies in the autonomous driving space, Embark Technology stands out as a conspicuously terrible stock market...
Crypto exchange giant Binance announced Wednesday that co-founder Yi He will take over as head of its venture capital arm and incubator Binance Labs.
By late 2019, VCs had poured over $2 billion into so-called micromobility upstarts. Fast-forward a few years, and it’s apparent this bet hasn’t gone...
Currently, virtually every venture-funded company that went public in 2020 or 2021 is trading at a fraction of its former high. The hardest hit have...
Enjoy Technology, a startup founded by former Apple retail store executive Ron Johnson, has reportedly filed for Chapter 11 bankruptcy...
SPAC deals carried out in 2020 and 2021 have broadly been truly terrible performers. Now, share prices have gotten so low that several companies have...
Last year was a banner year for special-purpose acquisition companies, but so far it’s unclear if this year will pan out to be nearly as active for...
While last year set records for both traditional IPOs and SPACs, the first half of 2022 has pretty much been the opposite.
Last year, venture-backed companies in Europe and the U.K. launched a spree of big public offerings. Now, the overwhelming majority of these deals...
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