SPACs

Potential short squeeze plays gained steam in 2021 and has continued through 2022 with new traders looking for the next huge move. Here’s a look at the top five short squeeze candidates based on the Fintel short squeeze leaderboard. Greenwich LifeSciences: Clinical stage biopharmaceutical...

After getting slapped with a subpoena from the U.S. House Select Committee investigating the attack on the Capitol, former President Donald Trump issued a ranting letter to committee chair Bennie Thompson reiterating baseless claims, including that the 2020 U.S. Presidential election was stolen....

Donald Trump’s adult sons Donald Jr. and Eric reportedly wanted larger stakes in his Trump Media & Technology Group, which owns the Truth Social platform. Whistleblower Will Wilkerson’s account showed that when TMTG became more...

Trump Media & Technology Group (TMTG), which owns the Truth Social platform, lost no time in firing Will Wilkerson after he shared with the Washington Post a whistleblower complaint he filed with the SEC in August. What Happened: Wilkerson, who was onf of its first employees, was...

India-based car-sharing platform Zoomcar Inc. said on Thursday it would go public through a merger with blank-check company Innovative International Acquisition Corp. (NASDAQ: IOAC).  Bloomberg had reported on the development earlier, citing sources....

A SPAC set to take former President Donald Trump’s new media company public is facing another setback as it moves closer to liquidation. What Happened: Less than a month after failing to get shareholder approval to extend the vote on the merger of Digital World Acquisition Corporation (NASDAQ:...

Once touted as the SPAC King, Chamath Palihapitiya used blank check companies to take several private companies public. But as the SPAC craze dies out, the billionaire venture capitalist is now distancing himself from those particular investment vehicles. See Also: Trump's Deadbeat SPAC...

Ark Invest and Cathie Wood have bet on several space-related companies over the years. The ETF company also launched its own space ETF in 2021 to tackle the growing industry. One space-related company was recently added to two Ark Invest ETFs this week. What Happened: A new position in Rocket Lab...

A SPAC set to take Donald Trump’s media company public has been linked to troubles with finances and difficulties finalizing its merger. A filing reveals the company changed its mailing address and it could provide a hint of financial troubles. What Happened: Digital World Acquisition...

Global online betting operator PlayUp Limited looks to go public via a special purpose acquisition company (SPAC) merger with IG Acquisition Corp (NASDAQ: IGAC). PlayUp will list on the NASDAQ via a newly-formed Irish company.  The transaction values PlayUp at $350...

Known by many as the SPAC King, Chamath Palihapitiya was one of the biggest names associated with the growing number of blank check companies taking private companies public. When SPACs were hot with the market, Palihapitiya was loved by investors and companies. Years later, Palihapitiya has been...

A SPAC set to take former President Donald Trump’s new media company public could be facing another setback. Here’s the latest. What Happened: A shareholder vote for SPAC Digital World Acquisition Corporation (NASDAQ: DWAC) was delayed to October after failing to generate enough votes...

Potential short squeeze plays gained steam in 2021 and have continued through 2022 with new traders looking for the next huge move. Here’s a look at the top five short squeeze candidates for the week of Sept. 12, according to Fintel Data: Athersys: Biotechnology company Athersys Inc. (NASDAQ...

Ahead of its pending merger with CF Acquisition Corp VI (NASDAQ: CFVI), an analyst is calling out Rumble's offering of “neutrality-as-a-service.” The Rumble Analyst: D.A Davidson analyst Tom Forte initiated coverage on Rumble with a Buy rating and $15 price target....

Potential short squeeze plays gained steam in 2021 and have continued through 2022 with new traders looking for the next huge move. A short squeeze can occur when a heavily shorted stock rises in value instead of falling. Short sellers could be looking to close out their position and can face...