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IT seems like everyone’s launching a special-purpose acquisition company (SPAC) these days, but you could have bet on Softbank Group Corp maestro Masayoshi Son and his lieutenant Rajeev Misra finding a way of putting an eyebrow-raising spin on the blank-check phenomenon. They haven’t disappointed.
NEW YORK: SoftBank Group Vision Fund's blank-check company, SVF Investment Corp, filed to go public on Monday saying it would raise up to US$525 million.
HONG KONG: Bridgetown Holdings Ltd, the blank-check company backed by billionaires Richard Li and Peter Thiel, is considering a potential merger with Indonesia’s e-commerce giant PT Tokopedia, according to sources.
DETROIT (Reuters) - Electric Last Mile Solutions (ELMS) said on Friday it has agreed to go public through a reverse merger with blank-check company Forum Merger III Corp in a deal that values the U.S. electric commercial vehicle maker at $1.4 billion.
SoftBank Group Corp CEO Masayoshi Son said on Oct 22 that the sale of chip designer Arm to Nvidia Corp will drive growth in computing power, in his first public comments since the US$40bil (RM165.85bil) deal was announced in September.
Milton being replaced by board member Girsky
RESTAURANT chain Chuck E. Cheese parent CEC Entertainment filed for Chapter 11 bankruptcy on Thursday, making it the latest casualty of the COVID-19 pandemic that has crushed entertainment and leisure industries globally.