Live Breaking News & Updates on Investors In Acorns Group

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Last week featured six announced SPAC deals. The week also had earnings from several well-known former SPACs.
Here s a look back at the week that was SPACs for deals, rumors and headline news all covered on Benzinga’s “SPACs Attack.”
SPAC Deals
Financial industry savings and investing app Acorns Group is going public in a SPAC merger with
Pioneer Merger Corp (NASDAQ: PACX) valuing the company at $2.2 billion. Investors in Acorns Group include
PayPal Holdings (NASDAQ: PYPL),
BlackRock Inc (NYSE: BLK), Ashton Kutcher, Jennifer Lopez and Dwayne “The Rock” Johnson.
Acorns in the largest subscription-based service for financial services with more than four million members. The company offers subscription based pricing ranging from $1 to $5 a month. The company plans on expanding its pricing tiers, offering portfolio customization and exploring strategic M&A to grow going forward. Acorns had revenue of $71 million in 2020 and is guidin ....

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