Bill Ackman’s own hedge fund is asking investors to ignore what he says
It’s not every day that a firm tells shareholders to disavow any and all comments from its parent company’s largest...
archiveSPACS
Birkenstock stumbles in underwhelming US market debut
Oct 11 (Reuters) - Birkenstock's (BIRK.N) stock ended more than 12% below its initial public offering (IPO) price on Wednesday in an underwhelming Wall Street debut that signaled investors remain cautious about new listings.Shares of the 250-year-old German sandal maker started trading at $41 after the IPO had priced at $46. That offering raised $1.48 billion, priced at the midpoint of the indicated range of $44 and $49 on Tuesday. The stock closed at $40.20, down 12.61%.The 11% decline from Birkenstock's IPO price on Tuesday to its opening price on...
Investors in VinFast’s SPAC cash out most shares
HANOI, July 14 (Reuters) - Shareholders of Black Spade Acquisition (BSAQ.A), a special purpose acquisition company (SPAC) that has plans...
Vietnam EV maker VinFast to list in US via a SPAC
HANOI, May 12 (Reuters) - Vietnamese electric automaker VinFast said on Friday it will list in the United States via...
Saxo Bank eyes Copenhagen listing after failed SPAC merger –CEO
Jan 9 (Reuters) - Saxo Bank could give its external investors a new chance to cash in, including via an...
