So-called “blank-check” companies have skyrocketed in popularity in recent years, but they’ve also drawn regulatory scrutiny and the ire of scorned investors.
Similar Stories to Trump’s New Social Media Spac Is Soaring. Also, What Is A Spac? on Bing News
By Hamza Shaban, Washington Post: Business
Fri, 10/22/2021 - 1:11am
Topics: so-called
BING NEWS:
- GameStop, AMC stock booming after Roaring Kitty's return. Will Trump Media stock follow?
Trump Media stock has been rebounding for the last month. It may get another boost with anti-short seller investors responsible for meme stocks.
05/14/2024 - 11:43 am | View Link - Remember the SPAC Craze? More Than a Third of Them Have Liquidated Since 2020
New research from SPAC Track, an independent monitor of the SPAC market, suggests that the craze was ill-fated for more than a third of the companies that made the jump: Of the 986 U.S. SPACs that ...
05/9/2024 - 9:21 am | View Link - Financier Found Guilty in Trump Media Insider Trading Trial
Bruce Garelick was convicted of securities fraud for leaking confidential information about a merger involving the parent company of Truth Social, Donald Trump’s social media site.
05/9/2024 - 8:48 am | View Link - Trump SPAC Investor Convicted in Insider-Trading Case
(Bloomberg) -- An investor in the blank-check company that took Donald Trump’s social media startup public was found guilty in an insider-trading case. Most Read from Bloomberg ‘Seriously ...
05/9/2024 - 3:20 am | View Link - DJT stock rebounds since hush money trial low. What to know about Truth Social trading
The parent company of social media platform Truth ... a special purpose acquisition company, or SPAC. The merger was announced in 2021. Trump's debut on the stock market was splashy, with Trump Media ...
05/8/2024 - 12:04 am | View Link - More
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