Blank check preferred stock allows companies to issue new preferred shares without immediate shareholder approval. Learn its use in raising capital and defending against takeovers.
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SPACs are back: This year’s crop of blank check companies lack celebrity sponsors, and that’s likely a good thing
Special purpose acquisition companies, or SPACs, were big business in 2021 when everyone from lifestyle mogul Martha Stewart to politicians like Paul Ryan was investing in them. Also known as blank ...
A new special purpose acquisition vehicle (SPAC) tied to crypto exchange Kraken completed its IPO, raising $345 million.
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Special purpose acquisition company Pyrophyte Acquisition has filed for an initial public offering valued at $175 million. The Cayman Islands blank-check company plans to offer 17.5 million units at ...
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