Bankrupt EV startup Lordstown Motors could be on the hook for $45 million for violating federal securities laws. The Securities and Exchange Commission filed a claim for that amount in Lordstown Motor
Shift Technologies, the San Francisco-based online used car startup turned publicly traded company, filed this week for Chapter 11 bankruptcy. The short story, according to recent filings, is that the
Troubled commercial EV maker Arrival has just ended a deal to merge — for the second time in less than three years — with a special purpose acquisition company. Arrival initially went public in Ma
I know that regulation lags the market, but holy hell, what was all this?
There are plenty of possible reasons why climate tech’s sudden stumble in Q1 2023 was merely a misstep and not the beginning of a downward spiral.
Why did Getaround go public, and why has the reaction to its SPAC combination been so negative, so quickly?
Inside the twin SPAC cancellations making news this week, there is an interesting fact: Circle and Footprint both tried to amend their pricing, but it was not enough to get their deals done.
Electric vehicle startup-gone-SPAC Faraday Future has raised a going concern warning, per regulatory filings. The company said it has substantial doubt as to whether it would be able to continue opera
Nearly three years ago, a special purpose acquisition vehicle (SPAC) spearheaded by investor Chamath Palihapitiya took the space tourism company Virgin Galactic public. It was the first human spacefli
Things have turned so sour for SPACs that it leaves us with a question: Why did anyone think that this was a good idea again?
Recent news has us wondering whether there really is a bottom to the mess that SPAC-led debuts left all over the public markets. Then we want to know who is to blame. Thankfully, we have receipts.
Let’s chat through the results of the Deezer deal, how quickly the IPO market has changed more generally, and then drill into the European SPAC market in the wake of Deezer’s demonstrative debut.
Plans for a special purpose acquisition company (SPAC) merger for Donald Trump’s media group could have hit roadblocks with a New York-based federal grand jury sending subpoenas to members of the co
The implosion of the SPAC boom has proven a multiquarter process. We may be in the final throes of the experiment, at least from a startup perspective.
Commercial EV maker Electric Last Mile Solutions said Monday that it will file for bankruptcy, the first among a spate of troubled EV manufacturer SPACs to go out of business. Electric Last Mile Solut
Riffing through CB Insights data regarding global VC investment into health tech, the word we came away with was "retreat."
The blank-check boom that made real many electric vehicle manufacturers' dreams of going public may be nearing a close.
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Fees on the Nubank IPO were among the lowest of the year. Could it also be a sign of some of the changes we are planning to track in 2022?