Page 18 - Multiplan Corp News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Seyfarth Synopsis: Special Purpose Acquisition Company (“SPAC”) transactions have dramatically increased since the start of 2020, bringing with them risk of securities litigation. 2020 has been characterized as the “Year of the SPAC,” and there is no doubt that SPAC transactions are on the rise.[1] One industry tracker reports that in 2020 there were 248 SPAC initial public offerings (“IPOs”) raising over $83 billion (as compared to 59 SPAC IPOs raising approximately $13.6 billion in 2019).[2] This trend is expected to continue in 2021 with 189 SPAC IPO transactions this year at t...

By Joshua Franklin (Reuters) - Veteran dealmaker Michael Klein and his partners have made a paper gain of nearly $3.3 billion on their $43 million per...

Veteran dealmaker Michael Klein and his partners have made a paper gain of nearly $3.3 billion on their $43 million personal investment in the blank-check acquisition firm they are merging with luxury electric vehicle startup Lucid Motors Inc, according to Reuters calculations...

By Joshua Franklin and Anirban Sen (Reuters) - Luxury electric vehicle maker Lucid Motors Inc is getting close to a deal to go public at a roughly $12...

Luxury electric vehicle maker Lucid Motors Inc is getting close to a deal to go public at a roughly $12-billion valuation after veteran dealmaker Michael Klein's blank-check acquisition firm...