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The unprecedented $1.9 trillion stimulus package will support massive consumer acceleration, says investment bank Cowen. Insider breaks down the 3 key drivers for consumer acceleration, according to Cowen analysts. And list the 14 consumer-focused stocks set to benefit from the stimulus checks. Senate Democrats are preparing to pass President Joe Biden s $1.9 trillion coronavirus stimulus this week with or without Republican support, after the House voted to pass the American Rescue Plan Act. The bill includes $1,400 stimulus checks, $400 federal unemployment benefits, and aid to state and local governments. The unprecedented $1.9 trillion stimulus package supports massive consumer acceleration, according to investment bank Cowen in a February 16 research note. ....
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NEW YORK, Feb. 11, 2021 (GLOBE NEWSWIRE) Spartan Acquisition Corp. III (the “Company”) announced today the closing of its initial public offering (the “IPO”) of 55,200,000 units at a price of $10.00 per unit. This includes the exercise in full by the underwriters of their option to purchase up to an additional 7,200,000 units. The units are listed on the New York Stock Exchange (the “NYSE”) and trade under the ticker symbol “SPAQ.U”. Each unit consists of one share of the Company’s Class A common stock and one-fourth of one redeemable warrant, with each whole warrant entitling the holder thereof to purchase one share of the Company’s Class A common stock at an exercise price of $11.50 per share. Once the securities comprising the units begin separate trading, which is expected to be on the 52nd day following the date of the final prospectus related to the offering, the shares of Class A common stock and warrants ar ....
NEW YORK, Feb. 08, 2021 (GLOBE NEWSWIRE) Spartan Acquisition Corp. III (the “Company”) announced today that it has commenced its initial public offering (the “IPO”) of 40,000,000 units at a price of $10.00 per unit. The Company intends to grant the underwriters a 45-day option to purchase up to an additional 6,000,000 units. Each unit issued in the IPO will consist of one share of the Company’s Class A common stock and one-fourth of one redeemable warrant, with each whole warrant entitling the holder thereof to purchase one share of the Company’s Class A common stock at an exercise price of $11.50 per share. The units are expected to be listed on the New York Stock Exchange (the “NYSE”) and trade under the ticker symbol “SPAQ.U.” Once the securities comprising the units begin separate trading, the shares of Class A common stock and warrants are expected to be listed on the NYSE under the symbols “SPAQ” ....