Pagaya (PGY) shares fall on first day of trading as Polestar (PSNY) is set for its ticker change tomorrow, plus the day’s news in SPACs.
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GGPI shareholders go to vote on the latest EV SPAC deal. Warrant prices remain at their lows with no end in site. Plus the days’s biggest movers.
GGPI and Polestar are set to close their long awaited SPAC deal this week with low redemptions, plus the rest of today’s SPAC news.
FedEx (FDX) appoints new directors in conjunction with D.E. Shaw, and cbdMD (YBCD) CEO, accused of fraud, resigns.
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.
Icelandic biopharma Alvotech deSPACs today. DHAC announces DA with VSee Lab. Deal termination for AKIC and visual effects company DNEG. A flurry of extension votes. And the rest of the day’s news in SPACs.
Boardroom Alpha sat down with Chris Beals, CEO of WM Technology (MAPS) to discuss the company’s strategy for building a SaaS platform for cannabis commerce.
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?
SPAC deals for Moolec (plant-based proteins) and Excelera (med tech). Cannabis SaaS player SpringBig goes up in smoke– shares dropped 47% in their first day of trading. Grove Collaborative gets the green light. And the rest of the day’s news in SPACs.
DWAC shares plunge 28% on news of a second SEC subpoena. Important merger vote for Sir Richard Branson today: VGII / Grove Collaborative. Tomorrow, EJFA / Papaya. And the rest of the day’s news in SPACs.