Blank check preferred stock allows companies to issue new preferred shares without immediate shareholder approval. Learn its use in raising capital and defending against takeovers.

Michelle Kley, chief legal officer of EGH Acquisition Corp. Courtesy photo Michelle Kley, the former top lawyer at Virgin Galactic and electric vehicle charging company Volta, has resurfaced in a new ...

Aug 19 (Reuters) - Chamath Palihapitiya, dubbed Wall Street's "SPAC king" for his high-profile blank-check deals, is set to take his latest special purpose acquisition vehicle public, marking his ...

Special-purpose acquisition company Albert Origin Acquisition has filed for an initial public offering. The blank-check company said it would sell 6 million units at $10 apiece, according to a filing ...

Special purpose acquisition companies, or SPACs, were big business in 2021 when everyone from lifestyle mogul Martha Stewart to politicians like Paul Ryan was investing in them. Also known as blank ...

Omeed Malik, a financier known for backing companies with conservative values, has raised $299 million for his third blank-check company IPO, Colombier Acquisition Corp. III, up from the $260 million ...

Wall Street’s main regulator is demanding more investor protections for deals involving special purpose acquisition companies, or SPACs, tightening rules on a once-popular pathway for taking firms ...

GalaxyEdge Acquisition, a special purpose acquisition company, has filed for an initial public offering. The blank-check company filed to offer 6 million units at $10 apiece, with each unit consisting ...