Blank-cheque companies
Lionsgate Studio raises PIPE amount to US$225 million ahead of closing SPAC deal
LIONSGATE Studio raised its private investment in public equity (PIPE) amount to US$225 million ahead of its merger with Screaming Eagle Acquisition, the special purpose-acquisition company (SPAC) fir...
Investors greenlight Trump’s US$6 billion social media deal
FORMER US President Donald Trump came a step closer on Friday (Mar 22) to reaping a major windfall from his social media firm after investors in a blank-cheque acquisition company approved a tie-up cu...
US SEC set to require more transparency from blank-cheque companies
US BLANK-cheque companies and their acquisition targets will take on more legal liability for disclosures about projected earnings and other material information under new rules adopted by the US Secu...
Lionsgate to spin off studio business in US$4.6-billion Spac deal
LIONSGATE will spin off its studio unit in a blank-cheque deal that values the business behind the Hunger Games and John Wick movie franchises at about US$4.6 billion including debt, the company said ...
Space tech startup Intuitive Machines seeks US listing via US$1b SPAC deal
INTUITIVE Machines said on Friday (Sep 16) it plans to go public in the United States through a blank-check merger that values the space technologies provider at more than US$1 billion.
Insurer Abacus nears deal with Buffalo Bills owner’s blank-cheque company
LIFE insurance asset managers Abacus Settlements and Longevity Market Assets are in talks to go public through a 3-way merger with a blank-cheque company backed by the owner of the National Football L...
Blank-cheque pioneer Martin Franklin eyes London listing
SERIAL dealmaker Martin E Franklin is in exploratory talks to list a new acquisition vehicle in London, according to people with knowledge of the matter.
Traveloka nears US$200m funding after SPAC talks
Traveloka, South-east Asia’s biggest online travel startup, is close to raising more than US$200 million from investors after ending talks to go public via a merger with a blank-cheque company last ye...
Malaysia's Hibiscus explores Singapore SPAC listing
[KUALA LUMPUR] Hibiscus Petroleum is considering listing a special purpose acquisition company in Singapore that could raise as much as S$200 million, according to people familiar with the matter.
Angel investors plan rare SPAC targetting African startups
[MUMBAI] Two early-stage investors, who have made fivefold returns funding African startups since 2017, said they plan to list a blank-cheque company targetting technology companies from the continent...