The Special Purpose Acquisition Company, Gores Guggenheim (NASDAQ:GGPI) is rallying this morning as they are almost set to take Polestar public this Friday. The merger has been ongoing since 2021, and marks a new chapter for the Swedish based Electric Vehicle company. The proposed reverse merger was put to the shareholders on Wednesday and approved, …
Polestar Set To Debut on the NASDAQ, Here’s The Rundown Read More »
On December 2, Rumble, a Canadian online video platform announced their plans to go public via a SPAC merger with CF Acquisition Corp VI (NASDAQ:CFVI). CFVI stock jumped on the announcement closing 8% higher. The proposed transaction values the Rumble & CFVI merger at $2.1 Billion and is expected to close in the second quarter of …
CFVI Merger: Can Rumble Compete with Youtube and Twitch? Read More »
In September 2021, Electric Vehicle manufacturer Polestar announced its plans to go public via a merger with SPAC company Gores Guggenheim (NASDAQ:GGPI). The proposed SPAC merger between GPPI and Polestar is unique in the fact that the Swedish based company is already generating significant revenue in the EV space. In fact, Polestar is considered a highly established …
Why investors are excited about the Polestar merger Read More »
Social Capital Hedosophia Holdings Corp VI (NYSE:IPOF) is the sixth instalment of Chamath Palihapitiya’s owned SPAC ventures. Last year, rumours broke that IPOF was in talks with luxury fitness brand Equinox Holdings regarding a merger opportunity, cited from a Bloomberg report. However, in July 2021 Bloomberg reported that the talks between both companies had failed …
IPOF Merger: Will SpaceX be Chamath’s next target? Read More »
On October 22, Trump media announced their plans to go public in a $875 Million reverse merger with Digital World Acquisition Corp (NASDAQ: DWAC). Trump Media (TMTG) has now launched their highly anticipated social media platform that aims to tackle the biggest names in the silicon valley. The social media network is “Truth Social” which …
DWAC Merger: Truth Social Goes Live On The App Store Read More »
On September 27, Electric Vehicle manufacturer Polestar announced its plans to go public via a merger with SPAC company Gores Guggenheim (NASDAQ:GGPI). Rumours regarding the $20 Billion merger initially broke in July however both companies have now confirmed investors speculations. The Polestar & GGPI merger will provide the combined company $1.05 Billion in proceeds to …
GGPI Merger: Why Polestar going public is a big deal Read More »
Arrival (NASDAQ: ARVL) is an Electric Vehicle manufacturer based in London, who focus on building all-electric Buses and Vans. The company first peaked investor interest after announcing the reverse merger with SPAC company CIIG in November 2020. The merger was able to raise $660 million in gross proceeds for the business to fund its expansion strategy. …
Arrival Stock Forecast (NASDAQ: ARVL) – Is ARVL oversold? Read More »
Gores Guggenheim’s EV merger target, Polestar, delivered on its 2021 sales goal selling over 29,000 Electric Vehicles. The Swedish EV manufacturer has driven investor interest as the company offers EV sales exposure in Europe. Polestar is vastly expanding, with a global presence in 19 markets in 2021, with particular growth in Europe and Asia Pacific. …
Polestar Delivers on Sales Target for 2021 ahead of Gores Guggenheim merger Read More »
Earlier this month, Rumble announced its plans to go public as the company looks to expand its video hosting platform. Rumble will go public via a merger with Cantor Fitzgerald’s SPAC CFVI. The timing of the merger follows the growing interest in Trump SPAC DWAC. DWAC plan to take Trump Media’s Truth Social Public. Both CFVI …
CFVI Stock: The Link Between Rumble and Trump Media Read More »
VPC Impact Acquisition Holdings (NYSE:VIH) is a Special Purpose Acquisition Company planning to take cryptocurrency exchange platform Bakkt public via a reverse merger. The merger was first announced in January this year and boasted an enterprise value of $2.1 Billion. The merger was expected to close out in the second quarter, however this has been delayed …
VIH Stock has gained 17% over the past week – here’s why Read More »