A day after CPI numbers pointed towards a reduced probability of a rate hike, PPI numbers are now on deck as a test of how much inflation is truly cooling. More
SPACs have had a habit of seesawing between deal announcements, new S-1 filings and IPOs dominating the flow. So far, this second week of August has been all about the start of the process with five new S-1s filed since the start of the week. More
Pressure has continued to build on the wave of conservative-tinged de-SPAC plays that were trendy for several years. Some of the latest signs of this came from Black Rifle Coffee (NYSE:BRCC), which was the first to get a major pop on announcement back in 2021. More
SPACs have not gone on break this summer with plenty of activity set for this week at all points of the SPAC lifecycle. After a week where five SPACs priced their IPOs, three more are currently lined up to do the same in the coming days. More
The market appears to be headed into its third-straight positive day as the US appears to be inching closer to a final deal to end the Iran conflict and some of the fears around major tech earnings have calmed. More
With broad positivity in Asian and European markets, US markets looked poised to extend their record highs in Thursday's session. Among the biggest de-SPAC winners in yesterday's session was specialty vehicle insurance firm Hagerty (NYSE:HGTY), which surged +15. More
Is risk appetite back? The S&P 500 is back near record highs and the Dow is currently topping 53,000 after a brutal July, and that's usually good news for deSPAC announcements and SPACs in general. More
July closed with a cleanup of some of the older vintages of SPACs. Six of the seven SPACs that liquidated in June and July first came public back in 2020 or 2021, and had spent four-plus years on extensions before finally handing cash back to holders. More
August starts the month with three IPOs on the calendar so far after closing July with 18 deals priced. SPACs are now just nine IPOs away from matching 2024's IPO count of 144 with five more months left in 2026. More
With redemptions coming in high in the first two completion votes this week, Digital Asset (NASDAQ:DAAQ) was slated to hold the week's third later today. But, it has instead opted to delay its special meeting by two weeks rather than force it during a week where the market has been balancing both AI worries and a parsing of the Fed's trajectory on interest rates. More