Waste and recycling platform Rubicon Technologies is merging with a blank-check company to go public at a valuation of roughly $2 billion
Investors in software company include actor Leonardo DiCaprio, KKR co-founder Henry Kravis and billionaire investor Paul Tudor Jones
Private companies are flooding to special-purpose acquisition companies, or SPACs, to bypass the traditional IPO process and gain a public listing. WSJ explains why some say investing in these so-called blank-check companies isn’t worth the risk. Illustration: Zoë Soriano/WSJ
Canada Latest News, Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Amazon’s Plastic Waste Mountain Grew 29% Last Year, Charity Says. But The Truth Is Hard To FindE-commerce giant Amazon has pushed back against a new report claiming that the firm’s plastic waste impact grew by almost a third last year. Which figures are more accurate?
Read more »
WSJ News Exclusive | Kroger to End Some Covid-19 Benefits for Unvaccinated WorkersThe grocery chain will no longer provide two weeks of paid emergency leave for unvaccinated employees who contract Covid-19, unless local jurisdictions require otherwise.
Read more »
WSJ News Exclusive | United Arab Emirates Threatens to Pull Out of $23 Billion F-35, Drone Deal With U.S.The United Arab Emirates is threatening to pull out of a $23 billion deal to buy American-made F-35 aircraft, Reaper drones and other advanced munitions, officials said, with the U.A.E. citing onerous U.S. requirements to guard against Chinese espionage
Read more »
SoftBank struggles to crack the SPAC formulaCompanies backed by the Japanese tech investor that went public using blank-check vehicles have had mostly disappointing results. Now that a SoftBank-sponsored SPAC has unveiled its first target, investors will find out whether Masayoshi Son’s team is a better buyer than seller.
Read more »
Martine McCutcheon reveals why she no longer publicly talks about her figureMartine McCutcheon has revealed why she no longer talks about her body weight and figure in public, in an exclusive interview with HELLO!
Read more »
Reddit files to go publicReddit on Wednesday announced that it has confidentially submitted a draft registration statement with the Securities and Exchange Commission to go public.
Read more »