The Latest Breaking News from SPAC

Grab Holdings Limited (NASDAQ:GRAB) lost two top executives in its fintech business, adding to other senior departures as the Southeast Asian ride-hailing and delivery firm rejigs the critical unit at the loss-making group, Reuters reports. Chris Yeo, who headed Grab's payments and rewards business and has been with the company for nearly…

eToro is targeting a $1 billion funding round. The development comes as the social trading and investment network looks to circumvent its stalled attempt to go public.

Shares of a SPAC are trading significantly higher Friday after a large portion were redeemed as part of the SPAC process.

Documents show that Garg put his own personal fortune on the line and could face uncapped losses.

CNBC Instacart Confidentially Files For US IPO

Amprius Technologies Inc has agreed to merge with a special-purpose acquisition company (SPAC)that values the company at about $1.3 billion and would take it public, Wall Street Journal reported. Amprius makes batteries that it says are more powerful than conventional lithium-ion cells because they use energy-dense silicon in the battery’s anode instead…

Despite criticisms, the underlying premise of allowing access to early-stage, private companies is admirable and much-needed in a market that often favors institutional players

Canoo, Inc.

Reuters US Trucking Downturn Threatens Autonomous Operators like Uber Freight