SoFi stock forecast (NASDAQ:SOFI) – are investors buying now?

SoFi stock forecast

Finance giant SoFi (NASDAQ:SOFI) officially began trading on June 1st after the completion of their merger with Chamath Palihapitiya’s SPAC venture (NYSE:IPOE). This merger marks just one of the six SPAC ventures Billionaire owner Chamath is pursuing in 2021. The completed merger has raised $2.4 Billion in cash proceeds for SoFi to carry out their expansion strategy in 2021 and beyond.…

Tortoise Acquisition II (NYSE:SNPR) closes in on merger with Volta

SNPR merger

In February, Volta Industries Inc. announced its intentions to merge with Tortoise Acquisition Corp. II (NYSE:SNPR). The proposed merger will see the combined company list on the New York stock Exchange under the ticker symbol VLTA.

The merger has an implied equity value of over $1.4 Billion and is expected to provide the combined company $600 Million in cash proceeds.…

SPAC company KVSB targets social networking company Nextdoor

KVSB merger

Khosla Ventures Acquisition Co. II (NASDAQ:KVSB) recently announced its intentions to merge with hyperlocal social networking service Nextdoor. The merger has a pro-forma equity value of $4.3 Billion, making it one of the larger SPAC mergers announced in 2021. The merger is expected to raise $686 million in gross proceeds which will “support new and existing growth initiatives” for the combined company.…

Tuscan Holdings (THCB) closes in on merger target Microvast

THCB merger

In early February, SPAC company Tuscan Holdings (NASDAQ:THCB) announced their intentions to merge with Lithium battery manufacturer Microvast. The highly anticipated merger has a post-transaction equity value of approximately $3 billion. The transaction will see the combined company trade on the NASDAQ under the ticker symbol MVST.…