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Israel s eToro to Go Public Through $10 4 billion SPAC Deal Backed by SoftBank, Others

Israel s eToro to Go Public Through $10 4 billion SPAC Deal Backed by SoftBank, Others
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JOFF Fintech Acquisition Corp Announces Pricing of upsized $360,000,000 Initial Public Offering

Press release content from Globe Newswire. The AP news staff was not involved in its creation. JOFF Fintech Acquisition Corp. Announces Pricing of upsized $360,000,000 Initial Public Offering JOFF Fintech Acquisition CorpFebruary 5, 2021 GMT New York, NY, Feb. 04, 2021 (GLOBE NEWSWIRE) JOFF Fintech Acquisition Corp. (the “Company”) today announced the pricing of its upsized initial public offering of 36,000,000 units at $10.00 per unit. The units will be listed on the Nasdaq Stock Market and trade under the ticker symbol “JOFFU” beginning Friday, February 5, 2021. Each unit consists of one share of the Company’s Class A common stock and one-third of one redeemable warrant. Each whole warrant entitles the holder thereof to purchase one share of the Company’s Class A common stock at a price of $11.50 per share. Once the securities comprising the units begin separate trading, the Class A common stock and warrants are expected to be listed on the Nasdaq Stock Marke

How a SPAC-focused Reddit group is handing the retail trading frenzy

Close icon Two crossed lines that form an X . It indicates a way to close an interaction, or dismiss a notification. Another group has come to light in the ongoing narrative of Reddit forums leading to moves in the market: a group dedicated to SPACs. hoto Illustration by Omar Marques/SOPA Images/SOPA Images/LightRocket via Getty Images This story is available exclusively to Insider subscribers. Become an Insider and start reading now. Last week, Wall Street was fixated on r/WallStreetBets, which fueled stocks for companies like GameStop and AMC. Now, a community of online investors is homing in on SPACs, united by the r/SPACs forum on Reddit.

Payments Startup Payoneer Reportedly in Merger Talks With SPAC

Payments Startup Payoneer Reportedly in Merger Talks With SPAC Related Stories March 22, 2021 March 22, 2021 March 16, 2021 FTAC Olympus Acquisition Corp., a blank-check firm, according to people with knowledge of the matter. The special purpose acquisition company has begun talks to raise new equity to support a transaction that’s slated to value the combined entity at more than $2.5 billion, said one of the people, who asked to not be identified because the matter isn’t public. As a deal isn’t finalized, it’s possible terms change or talks fall apart. Representatives for New York-based Payoneer and FTAC declined to comment. Founded in 2005, Payoneer which has said it’s profitable is backed by investors including

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