Investors in shares for Vietnam-based VinFast have ridden in a stormy surf over the past month with shares rising to astronomical highs before plunging over the last 11 days. The rapid rise and then fall of the stock shows the risks of investing in the kind of offering VinFast executed, reports The Wall Street Journal.
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VinFast has formally withdrawn its announced plans for an initial public offering of shares in the U.S. and has reaffirmed its commitment to a merger which would take the Vietnam-based company public via a merger.
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Kinston-based flyExclusive sees clear skies ahead, and will enter into a merger deal with a SPAC that values the company at $600M.
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After the social media app designed by former President Donald Trump’s new company debuted on Apple App Store, stock price of related SPAC rose.
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Former President Donald Trump’s new media venture has no known revenue or product yet it could be valued at more than $10 billion.
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Aerami Therapeutics will combine with a special purpose acquisition company, then trade as a public company.
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Donald Trump announced a deal Wednesday night to bring a new media company public through what’s known as a SPAC, or a Special Purpose Acquisition Corporation. Shares soared in the firm’s debut on Thursday.
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Science 37, which operates a Triangle facility, is now a publicly traded company after completing a business combination deal with a special purpose acquisition company.
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Quantum computing startup IonQ completed its business combination with a SPAC, and is now a publicly-traded company.
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