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SEC Pushes Harder On SPACs With PSTH Pressure, SRAC Fine
Monday, July 19, 2021 - 3:04pm | 747The SEC has been circling around SPACs in 2021. The company’s pressure on how warrants were recognized by companies led to a backlog of deal votes and company’s set to publicly list. Two SPAC deals have been targeted by the SEC in a move that could change the SPAC market. Pershing...
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Momentus SPAC Partner SRAC Rises On Valuation Cut Announcement
Tuesday, June 29, 2021 - 5:13pm | 326A SPAC deal announced in October has cut its valuation in a new SEC filing Tuesday after hours. What Happened: Momentus, set to merge with Stable Road Acquisition Corp (NASDAQ: SRAC), has amended the terms of its SPAC merger. The deal price was cut from $1.13 billion to $566.6 million as announced...
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9 Space SPACs For Investors To Consider Ahead Of Ark Space ETF
Sunday, March 28, 2021 - 7:40am | 1282The potential for growth in the space market has been drawing attention from investors. And the space sector could get more attention over the next couple weeks with the Ark Funds space ETF set to launch as early as this coming Monday. Here is a look at the space-related SPACs that could be added...
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Cathie Wood Could Be Launching A Space Exploration ETF
Wednesday, January 13, 2021 - 6:03pm | 520One of the most popular names in the investing world for 2020 was Cathie Wood. The ARK ETFs were among the top-performing ETFs in 2020 and have become widely followed by retail traders. What Happened: On Wednesday, Ark Investment Management filed an offering for the Ark Space Exploration ETF under...