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Four Jacksonville teenagers are in a heap of trouble after police say they took an AR-15 rifle, hundreds of rounds of ammunition, a silencer and body armor from a St. Johns County Sheriff’s Office patrol car. ....
Also in this week s Good News, a nonprofit makes a donation to continue its mission, and art students paint ceiling tiles for children in a hospital. ....
Four Jacksonville companies were in various stages of initial public offerings during the first three months of this year, suggesting the IPO market is heating up. However, the real hot market trend is the special purpose acquisition company, or SPAC. SPACs are companies that launch IPOs without having an operating business, with the intention of finding an acquisition target after the IPO. The market reached Jacksonville two weeks ago when space technology company Redwire LLC agreed to go public by merging into a SPAC formed last year. But Jacksonville already had a connection to the SPAC market through Bill Foley, chairman of Fidelity National Financial Inc. ....