The Latest Breaking News from SPAC

Enjoy Technology under Ron Johnson crashed from public listing to bankruptcy at breakneck speed

VerifyMe, Inc (NASDAQ:VRME) elected not to extend the period for a special purpose acquisition company (SPAC) merger with G3 VRM Acquisition Corp (NASDAQ:GGGVU).  VerifyMe's board determined that it was not in its best interests to allocate additional financial capital at this time for the SPAC to consummate a business combination. Instead, it will focus on…

Disclosure of subpoenas for board members by blank cheque firm Digital World is latest blow to Donald Trump’s social media plans

Polestar says it will use the $890 million raised from the deal to fund its three-year plan to expand the product lineup and eventually become profitable.

The flood into SPACs has subsided, but some investors still found a surprising way for SPAC ETFs to pay off.

Stock futures slump as inflation woes mount; President Biden calls for Federal gas tax holiday; Fed Chair Jerome Powell faces Capitol Hill grilling on inflation; Boeing shares slide as CEO cautions on supply chain challenges and blockchain payments group Roxe plans Nasdaq SPAC merger

Potential short squeeze plays gained steam in 2021, with new retail traders looking for the next huge move.

Gores Guggenheim Inc (NASDAQ: GGPI) was soaring up more than 13% on Friday, heavily outpacing the general market, which saw the S&P 500 trading up about 0.7%.

After twelve new deals were announced during the prior two weeks, merger activity ground to a halt last week with no new deals announced. Oracle completed its massive $24.3 billion deal for healthcare software company Cerner and in a trend we have been seeing for several weeks, yet another SPAC…