Quantum Computing Company IonQ Is Now Ready To Go Public by Merging With the SPAC dMY Technology Group (DMYI) in a First-of-Its-Kind Deal Mar 8, 2021 07:43 EST
IonQ, the company at the forefront of the quantum computing challenge, is now on the verge of going public by merging with the SPAC dMY Technology Group (NYSE:DMYI).
As per the press statement released jointly by IonQ and dMY Technology, the transaction will result in a Pro forma implied market capitalization of around $2 billion for the combined company and will yield $650 million in gross proceeds, including a PIPE investment of $350 million from the likes of Fidelity, Hyundai, Kia, etc.
IonQ to go public via SPAC deal, becomes quantum computing pure play
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There s Going to Continue to Be Some Major Rotation Taking Place My primary goal is to stay flexible and not just sit there.
Feb 23, 2021 | 11:12 AM EST
We have some very dramatic action this morning as the first real bout of panic selling in a very long time hit at the open. Many traders saw weeks and months of profits disappearing, and they raced to close out some positions to stem the bleeding. There were no immediate signs of dip buyers, but they finally showed up and have the S&P 500 above the level at which it opened.
Even with the sizable relief bounce after the opening panic, there is a substantial amount of red on the screens. Breath is running at a bit less than 4 to 1 negative, and that list of 10% moves that I mention so often is down to just a dozen or so names.
Technology regulation expert Terry Kramer discusses the history of ‘techlash’ and cautions against absolutist positions
iStock.com/marchmeena29
Terry Kramer says it’s difficult for regulation to keep up with technology. In our highly polarized politics of today, it’s impractical to expect governments to find the right answer. Mike Fricano and Cheryl Cheng |
February 22, 2021
As prominent figures, including former President Donald Trump, are banned from social media platforms for posting disinformation or inflammatory remarks, technology regulation has become a hot topic of debate. Terry Kramer, an adjunct professor of operations and technology management at the UCLA Anderson School of Management and the faculty director of the Easton Technology Management Center, studies how to achieve the right balance between advancing technology and minimizing negative consequences.
8th February 2021
| By contenteditor
Contained within the recent Genius Sports Group prospectus for its NYSE listing are figures which show that the rights to the FDC data cost over circa £10m a year. This figure represents rights inflation to a degree previously unheralded in sports data but might it come to be seen as a high-water mark, asks Scott Longley?
Surfing the wave of interest in US sports-betting-related SPAC floats, betting-data supplier Genius Sports looks set to ride all the way to the lower reaches of the NYSE in the coming days on the back of a deal with the blank check company dMY Technology.
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