SPAC

Venture capitalist Chamath Palihapitiya sparked debate on social media by polling followers about launching another Special Purpose Acquisition Company (SPAC), with 70.7% of 55,458 respondents voting “no” amid warnings about his troubled SPAC track record. What Happened: The former...

Entrepreneur, investor and Bitcoin (CRYPTO: BTC) bull Anthony Pompliano has a new SPAC targeting the financial services sector and perhaps a company dealing with cryptocurrency. While the SPAC could target the cryptocurrency space, Pompliano said that's not a definite yes. The SPAC: Pompliano took...

Webull Corp (NASDAQ:BULL) shares closed Wednesday down more than 11% following a social media post suggesting that lawmakers are pushing for an investigation and potential delisting. What To Know: Fox Business senior correspondent Charles Gasparino said in an X post Wednesday afternoon that...

A special purpose acquisition company connected to Global Client Advisory Group applied for a $175 million initial public offering with U.S. regulators, setting its sights on emerging technology sectors. The SPAC, named Renatus Tactical Acquisition Corp I, aims to secure capital to pursue...

Mobile-focused online firearms retailer GrabAGun announced Monday a SPAC merger to go public and named Donald Trump Jr. as an investor and advisor. The SPAC Merger: GrabAGun announced a SPAC merger valuing the company at $150 million with Colombier Acquisition Corp II (NYSE:CLBR). The deal will add...

Lithium refining company Stardust Power is expected to begin trading on the Nasdaq in June following the completion of a $490 million blank-check deal, CEO Roshan Pujari told Benzinga. The company is currently building a lithium refinery in Oklahoma. The SPAC comes at a time when lithium prices...

The Wall Street debut of Trump Media & Technology Group (NASDAQ:DJT) has stirred a hot debate on the valuation of the company and how bets against the stock given its meme stock potential could be a bad idea. An investor who previously supported a ban on shorting stocks could be ready to make...

Former President Donald Trump's media company Trump Media & Technology Group (NASDAQ:DJT) made its public debut Tuesday after a SPAC merger was approved by shareholders last week. The stock surged in its Wall Street debut, seeing strong interest from traders. Going forward, questions surround...

A media company founded and majority owned by former President Donald Trump went public Tuesday with shareholders approving a merger between Digital World Acquisition Corporation (NASDAQ:DWAC) and Trump Media & Technology Group (TMTG) after several setbacks. Benzinga spoke to two market experts...

A long-awaited SPAC (special purpose acquisition company) merger was approved on Friday and will see Donald Trump's media company Trump Media & Technology Group (NASDAQ:DJT) make its public debut. Among the shareholders of the Trump company is a well-known member of the U.S. House of...

A highly anticipated SPAC merger between Digital World Acquisition Corporation (NASDAQ:DWAC) and Trump Media & Technology Group (NASDAQ:DJT) was approved Friday. Here's how some investors missed out on thousands of dollars from the merger process. What Happened: First announced in October 2021...

Former President Donald Trump reportedly offered to sell his conservative social media platform Truth Social to X owner Elon Musk last summer. What Happened: According to The Washington Post, Trump tried, and failed, to convince Musk to buy Truth Social. But the two have remained in touch since....

Digital investment brokerage Webull Corporation faced significant obstacles in its quest to go public, largely attributed to its cryptocurrency offerings, as disclosed by the company’s U.S. CEO on Wednesday. The online brokerage, aiming for a U.S. listing through a merger with special purpose...

One of the most volatile stocks in recent months has been Digital World Acquisition Corporation (NASDAQ:DWAC), a SPAC that announced a merger with Donald Trump's media company back in October 2021. One of the phases of growth for Trump's media company could spell potential trouble for another Trump...

Bitcoin (CRYPTO: BTC) mining company GRIID Infrastructure (NASDAQ: GRDI) commenced trading in the U.S. market on Monday, following its initial public offering in Canada earlier this month. The Cincinnati-based company, which operates mining facilities in New York and Tennessee, merged...