Browsing: SPACs
Two of the original co-founders of Donald Trump’s Truth Social platform have cashed out their stock amid an ongoing feud…
It’s not every day that a firm tells shareholders to disavow any and all comments from its parent company’s largest…
British used car startup Cazoo was once worth $7 billion. It’s since lost nearly 100% of its value and is flirting with bankruptcy—what went wrong?
Cazoo’s growth was spectacular, even for a tech platform. The British used car startup achieved unicorn status only months after…
The finance boss of Donald Trump’s media company earned 4 times more than CEO Devin Nunes, new documents show
Amid questions about the accounting firm auditing Trump Media & Technology Group’s financial records, company documents show that the platform’s…
Even after Trump Media’s $4.5 billion crash, shares would have to tumble a lot more to jeopardize the massive special bonus for insiders
A rocky start for Trump Media & Technology Group Corp. shares has wiped out $4.5 billion in market value in…
Though experts agree the IPO market is heating up, one segment is being left in the cold: special purpose acquisition…
Trump’s social media platform says it’s above ‘traditional key performance indicators.’ An auditor has substantial doubt it can continue as a going concern
Former President Donald Trump’s social media company is not relying on traditional performance metrics—and doesn’t plan to anytime soon, according…
Trump stands to make $3.5 billion from his 60% share of Truth Social now that it has become a meme stock
The man who propelled himself to the White House on the back of his prolific, if controversial, use of social…
Judge clears way for Trump Media merger vote that could spell $4 billion windfall for ex-president
A Delaware judge won’t stand in the way of a March 22 shareholder vote on a merger involving Trump Media &…
SPAC companies accounted for at least 21 bankruptcies this year and a staggering $46 billion in lost investor value
Wall Street’s affair with blank-check firms, the finance fad that pushed companies onto the stock market during the Covid-19 pandemic,…