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charging infrastructure

Last week, EVgo became the latest charging infrastructure company to announce a SPAC deal to go public during a time that is seeing rapid adoption of electric vehicles and infrastructure. About EVgo: Climate Change Crisis Real Impact I Acquisition Corp (NYSE: CLII) is bringing EVgo public in a deal. Read More. Don t Miss Any Updates! News Directly in Your Inbox Subscribe to:

3 Recent De-SPAC Winners: PLBY, PCT, CHPT

3 Recent De-SPAC Winners: PLBY, PCT, CHPT PLBY Group, PureCycle Technologies, and ChargePoint s public stock have (so far) been thriving Author: Apr 21, 2021 With all the negative sentiment surrounding SPACs, we highlight 3 companies that have, so far, been successful in their debuts in the public markets. While 2/3 are down since their actual De-SPAC date, it s important to remember that they are still massively up since their SPAC IPOs. Unlike CLOV, who Chamath has gone to bat for, the short sellers haven t yet come for these stocks.  While some of the luster of peak SPAC has worn off, the deals are still huge home runs if you invested at the right price point, and exhibit the strength of potential returns for innovative companies with strong future growth prospects.  

Piping Hot From Wall Street- Business News

Illustration by Raj Verma Dearth of investment options drives people to hunt for newer opportunities. This is what opened the gate to US equities for Indian investors. Now, investors have found another route to take exposure to fresh global themes and new-age tech plays - SPACs, or special purpose acquisition companies, which have become quite a rage in developed markets. SPACs are basically blank cheque companies that get listed on US stock exchanges with an objective of acquiring private companies. They are supposed to acquire their target within two years. If you hold SPAC shares until the merger, you get a proportional stake in the merged entity. This gives investors early access to new-age companies, which are finding this a convenient way to get listed on US exchanges, avoiding the time-consuming initial public offer (IPO) process.

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