AI jitters have hit the market again with a significant drop to several digital infrastructure stocks and there are already signs that banks have begun to hedge. More
The third week of October is set to host three SPAC shareholder votes and could include as many or more IPOs with AEI CapForce II (NASDAQ:AEIBU), SPACCircle (NASDAQ:SCQCU), Allarity (NASDAQ:ALLNU), and Harbour Island I (NASDAQ:HRIAU) all lined up to attempt to price their offerings this week. More
Friday brings the SPAC week to a close with only a few bits of economic data coming freshly to the fore with import prices, industrial production numbers and capacity utilization figures all impacting trades before the opening bell. More
In a first for SPACs this week, two teams released the results from shareholder votes, in which zero shares were redeemed in connection with either of them. More
In the latest move to allow subscribers to leverage AI to work with SPACInsider data, SPACInsider now has two MCP plugins available on both ChatGPT and Claude. More
After an EDGAR holiday, the rate of filings has not been the torrent that one might have expected, although it did bring one more new business combination bringing October's total to eight and the year's tally to 83. More
Today is another mixed holiday with EDGAR set to be down as the SEC observes Columbus Day, but US stock exchanges will continue to trade. That is likely to lead to lighter overall SPAC activity to start the week could be also augur a crowded Tuesday. More
One of the benefits of SPACs is their ability to pull companies that would have otherwise had additional or perhaps unsurmountable obstacles to being listed on the US markets. More
So far, the streak of SPAC deals announced in early October have been more warmly received than many of those unveiled in September. SIM I (NASDAQ:SIMA), CSLM III (NASDAQ:KOYN) and Charlton Aria (NASDAQ:CHAR) all announced deals in succession over the past three days and all continue to trade above $10 now. More
It has been a busy few days for recent de-SPACs as three announced major strategic partnerships over the last 24 hours. Two of those companies closed their business combinations just months ago and these new agreements could be key in seeing them hit their major goals as public entities. More