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    Special purpose acquisition companies

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    • Wednesday, 18 January, 2023
      Football
      New Olympique Lyonnais owners plan Spac listing

      US multi-club business’s move would be a first for the football sector

    • Wednesday, 11 January, 2023
      The special purpose acquisition company fallout is going to be spac-tacular

      Hail Mary passes coming

    • Thursday, 29 December, 2022
      Lex
      Financial trends: more whacks for Spacs in 2023 Premium content

      There have been far too many special purpose acquisition companies chasing too few deals

    • Thursday, 15 December, 2022
      Jeanne Lanvin SA
      Luxury group Lanvin shares surge in New York listing

      Fosun-owned fashion business climbs 36% as it seeks to turn round flagging fortunes

    • Tuesday, 6 December, 2022
      Spacs confess to accounting weaknesses as year-end audits loom

      49% of a sample of companies that went public in the cash shell boom had material flaws

    • Monday, 5 December, 2022
      Circle Internet Financial Inc
      Crypto group Circle ends $9bn deal to go public through Bob Diamond’s Spac

      Collapse of tie-up follows FTX bankruptcy and other crises in the sector

    • Monday, 5 December, 2022
      Executive Pay
      US companies face backlash for bypassing investors on top pay

      Growing number have ‘evergreen’ provisions allowing them to award stock despite downturn

    • Wednesday, 30 November, 2022
      Tech start-ups shun Singapore and Hong Kong for US Spacs

      Blank-cheque companies in Asian financial hubs show little results

    • Thursday, 24 November, 2022
      Digital currencies
      What’s a $1.8mn private jet bill between Spac friends?

      Austerity, bitcoin-style

    • Wednesday, 23 November, 2022
      Due Diligence
      Regrets from a Spac disaster Premium content

      Plus, the FTX bankruptcy hearing kicks off in a messy fashion and Société Générale’s next boss ploughs ahead with a new strategy

    • Tuesday, 22 November, 2022
      LexDigital health
      Babylon/telehealth: strong medicine needed to recover from Spac setback Premium content

      Harsh response from investors is a sign of wider reappraisal of digital health market

    • Monday, 21 November, 2022
      Lex
      Grindr: low free float disguises an unpopular Spac matchup Premium content

      Investors in the dating app’s merger partner have plenty of reasons to swipe left over the deal

    • Friday, 18 November, 2022
      Technology sector
      Gay dating app Grindr soars on stock market debut

      Price rise supercharged by widespread share redemptions before Spac merger

    • Tuesday, 8 November, 2022
      News in-depthDue Diligence2 min
      The story behind Spacs’ spectacular fall from grace | FT Due Diligence

      Ortenca Aliaj explains how the craze for special purpose acquisition vehicles turned out to be shortlived

    • Tuesday, 25 October, 2022
      Electric vehicles
      Lithium miner to create US-listed company as shortages hit electric cars

      Australia-listed European Lithium will merge with Sizzle Acquisition

    • Tuesday, 11 October, 2022
      Flexjet
      Chelsea FC owner to take Flexjet public in Spac deal

      NetJets rival to merge with blank-cheque company led by Todd Boehly as demand for high-end travel grows

    • Thursday, 6 October, 2022
      Former Rusal chief launches London’s first mining Spac

      Artem Volynets’ venture will seek to invest in critical metals such as cobalt and copper

    • Tuesday, 27 September, 2022
      ESG investing
      Vivek Ramaswamy: the self-styled scourge of ‘woke’ boardrooms

      Fund manager with history of bold claims says energy stocks could triple if ESG aims scrapped

    • Monday, 26 September, 2022
      White collar crime
      Two arrested on fraud charges linked to ‘$100mn deli’ in New Jersey

      Sandwich shop became symbol of stock market exuberance after being singled out by David Einhorn

    • Monday, 26 September, 2022
      Donald Trump
      Trump Spac changes address to mailbox at UPS store

      Latest sign blank-cheque vehicle is trying to preserve cash as it struggles to push through deal

    • Tuesday, 20 September, 2022
      Investors in Trump media Spac push for better terms as clock runs out

      Blank-cheque vehicle Digital World in talks with hedge funds over preferred stock issued in $1bn Pipe financing

    • Tuesday, 20 September, 2022
      Spac booster Chamath Palihapitiya throws in the towel

      Blank-cheque vehicles to return $1.5bn to investors after failing to find targets

    • Monday, 19 September, 2022
      LexDonald Trump
      Trump Spac merger: drama over vote tally highlights tricky situation

      Special purpose acquisition company’s original legal documentation had required the deal to close by this month

    • Saturday, 17 September, 2022
      Donald Trump
      Trump Spac fails to pay proxy firm despite tough hunt for votes

      Solicitors charged with drumming up support for struggling deal are owed six-figure sum

    • Thursday, 8 September, 2022
      Donald Trump
      Trump’s plan to take his media business public in jeopardy

      Executives of blank-cheque group loan company $2.9mn to keep prospect of stock listing alive

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