/ SPAC
/ Markets, Stocks
SPAC Promoters Lost $1B+ in 2022, and there’s More Pain to Come
Recessionary outlook and new tax burden triggers record SPAC liquidations in December.
December 27, 2022$9B Merger of Thiel-Backed Bullish With Far Peak SPAC Falls Through
Bullish announced today that it had terminated its agreement with Far Peak SPAC.
December 22, 2022Circle and Concord Agree to End the $9B SPAC Deal
Circle ended its $9 billion SPAC deal with Concord as a result of a mutual agreement. The company still plans for a potential public listing in the future.
December 05, 2022FTX Donated $1M to a Republican SPAC Two Weeks Before Bankruptcy
FTX US spent $1 million on a donation to a super PAC just weeks before filing for bankruptcy.
November 25, 2022Circle’s $9B SPAC Deal Delayed to January 2023: Report
Circle's $9 billion SPAC merger with Concord Acquisition Corp. got delayed once again until January 2023 due to procedural issues.
November 01, 2022