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Activism & Governance

SPAC Daily: Polestar (PSNY)Debuts

Polestar (PSNY) shares traded up following its DeSPAC, the IPO market remains incredibly slow, and the rest of the day’s news in SPACs.

Can Redfin Find Its Way to Profitability?

Redfin CEO Glenn Kelman says the real estate brokerage will post an operating profit this year. Headcount reductions are a good start, but there’s still plenty of work to do to stabilize troubling iBuying trends.

Governance Alert: FedEx

FedEx (FDX) is making some shareholder-friendly moves, including an over 50% dividend hike, adding two independent directors, and a TSR-based executive compensation metric. We applaud the changes, but now the real work begins. Can a new CEO and refreshed board improve margins?

5 Long-Tenured CEOs that Need to Turn Things Around

While COVID-related issues are abating, it’s no secret that many companies are still struggling to find their footing. We take a close-up look at 5 long-tenured CEOs (+ 1 co-CEO) that are facing big negative 3-year returns.

Founder Richard Schulze Bets Big on BBY Stock

Best Buy (BBY) founder and director Richard Schulze just bought almost $20 million in stock. Meanwhile, Target (TGT) lowers guidance again, citing excess inventory concerns.

SPAC & IPO Analysis

Daily SPAC Update – July 18, 2025

BSTR / Cantor Bitcoin Deal with Massive $1.5B PIPE. Nabors Engergy II and CSLM Shareholders Approve Extension. Wintergreen Announces Separate Trading.

Daily SPAC Update – July 17, 2025

Over $2B in July SPAC IPOs as Pyrophyte $175M Launches. Kochav Defense Separate Trading Announced. Eureka Revises Redemptions Down. New PLUM / Tactical Investor Deck.

Daily SPAC Update – July 16, 2025

GrabAGun DeSPAC to PEW PEWW. Integrated Rail & Resources Extends with No Redemptions. JENA Acquisition Separate Trading Announced. ASPAC II Looks for 2-Year Extension.

Daily SPAC Update – July 15, 2025

Trump’s GrabAGun Deal Vote Today. Silver Pegasus $100M SPAC IPO. Cyason Deal With Mango Financial Announced. Bannix DeSPACs to VisionWave Technologies Inc.

Daily SPAC Update – July 11, 2025

Welsbach Technology Metals Deal Terminated. Bowen Extension Vote. Helix Acquisition II Vote Set. Inception Growth SPAC Deal Vote Postponed.

Daily SPAC Update – July 10, 2025

Globa Terra $152M SPAC IPO as RMG Acquisition III Liquidates. Integrated Rail & Resources Extension Set. Procap Separate Trading. Ares / Kodiak Investor Deck.

Daily SPAC Update – July 9, 2025

Globalink Investment Overpays Redemptions by Over 20 Cents. Oyster Enterprises II Separate Trading. New CSLM + Fusemachines Deal Deck.

Daily SPAC Update – July 8, 2025

SPACs + Crypto: M3-Brigade Announces Deal with ReserveOne. Nabors Energy II Postpones Vote. Blackhawk and Spark Extension Votes.

Daily SPAC Update – July 7, 2025

Crown Proptech + Mkango Resources Deal. Newbury Street Gets $5M in Termination Fee. Four Leaf and Eureka Extensions Approved. Chenghe  / Polibeli Deal Deck.

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