Garth Osterman News Today

Notwithstanding the dominating downward trend and the blow dealt by the SEC proposals, SPACs will live on and continue to represent an attractive alternative to some market participants

Grindr has tapped global law firm Cooley as its legal counsel as it goes public via a $2.1 billion acquisition by a blank-cheque company based in Singapore.

Harry Calkin joined Cooley in 2015 and was lead associate advising Super Group on its US SPAC merger with Sports Entertainment Acquisition Corp.

IPOs are hot in Silicon Valley. SPACs are even hotter [San Francisco Chronicle] Dec. 24—Andrew Paradise, CEO of mobile e-sports company Skillz, rang the New York Stock Exchange’s opening bell this month, a time-honored way that newly public companies celebrate their Wall Street debut. Because of the pandemic, he did so remotely over Skype. But there was an even bigger difference from tradition in how Skillz went public. The San Francisco company eschewed a conventional initial public offeri...

IPOs are hot in Silicon Valley. SPACs are even hotter FacebookTwitterEmail 1of5 Paw Andersen is chief technology officer of Metromile. The San Francisco auto insurer has agreed to become publicly traded through a deal known as a SPAC, or special purpose acquisition company.Paul Kuroda / Special to The ChronicleShow MoreShow Less 2of5 Virgin Galactic is merging with Social Capital Hedosophia, whose CEO, Chamath Palihapitiya, will become chairman of the combined entity.Matt Hartman / Associated P...