SPACs

Former President Donald Trump will be free to sell his stake in Trump Media & Technology Group Corp (NASDAQ:DJT) soon, but he might not have to thanks to the success of his Mar-a-Lago club. What Happened: Trump's Mar-a-Lago club and residence has made headlines for years and was one of the many...

Shares of recently public iLearningEngines (NASDAQ:AILE) plummeted Thursday after a short report attacked the company's place in the artificial intelligence sector. What Happened: Hindenburg Research, a firm headed by Nathan Anderson, published a report Thursday that shorts iLearningEngines, a...

A media company co-founded by Donald Trump continues to hit new lows since going public in March 2024. While investors who bought in prior to the SPAC merger being announced or when there were concerns of the deal being approved are up on their investment, one member of Congress is significantly...

Former NFL quarterback Colin Kaepernick is turning his attention to helping creators in the artificial intelligence sector. What Happened: The former San Francisco 49ers quarterback is launching Lumi Story AI, an artificial intelligence company backed by Seven Seven Six, the venture capital firm co...

Semnur Pharmaceuticals Inc., a wholly-owned subsidiary of Scilex Holding Company (NASDAQ:SCLX), and Denali Capital Acquisition Corp. (NASDAQ:DECA), a special purpose acquisition company, signed a letter of intent for a proposed business combination. The deal provides for a pre-transaction...

Electric vehicle company Polestar Automotive Holding (NASDAQ:PSNY) will report unaudited first-quarter financial results on Tuesday, July 2. The company will also report second-quarter global volumes on Tuesday. Earnings Estimates: Analysts expect Polestar to report first-quarter revenue of $737.57...

Shares of Donald Trump's media company Trump Media & Technology Group Corp (NASDAQ:DJT) are falling Thursday with the company's recent share offering filing approved. Here's a look at what this could mean for Trump's stake in the company. What Happened: Trump Media & Technology Group shared...

The Securities and Exchange Commission (SEC) recently celebrated its 90th anniversary, an event highlighted by Chairman Gary Gensler. Gensler channeled his inner Taylor Swift by highlighting the "eras" the SEC has gone through. What Happened: Gensler drew comparisons between the “eras”...

Editor’s Note: The headline and lede of this article have been updated to highlight the value of the 36 million DJT shares Donald Trump may receive. Former President Donald Trump stands to gain $1.26 billion worth of additional shares in Trump Media & Technology Group (NASDAQ:DJT) if the...

Redwoods Acquisition Corp. (NASDAQ:RWOD) shares traded higher on Friday after the company announced that shareholders had approved its merger agreement with Anew Medical. Following the consummation of the transactions, Redwoods will change its name to Anew Medical, the company said in an...

When Trump Media & Technology Group (NASDAQ:DJT) went public in late March, majority shareholder and former President Donald Trump saw his net worth surge. Since then, it dropped as the stock dwindled in value. What Happened: After a long-awaited SPAC merger, Trump Media & Technology Group...

Two co-founders of Trump Media & Technology Group Corp (NASDAQ:DJT) filed a lawsuit against former President Donald Trump over the valuation of their stake in the company and dilution. The duo is now challenging the timing to wait to sell company shares. What Happened: Trump owns around 60% of...

Donald Trump's media company Trump Media & Technology Group (NASDAQ:DJT) hit the public market on Tuesday after a long-awaited SPAC merger was approved by shareholders. Here's a look at how the valuation of the company compares to recent valuation metrics for X, formerly known as Twitter. What...

A media company founded and majority owned by former President Donald Trump went public Tuesday with shareholders approving a merger between Digital World Acquisition Corporation (NASDAQ:DWAC) and Trump Media & Technology Group (TMTG) after several setbacks. Benzinga spoke to two market experts...

A long-awaited SPAC (special purpose acquisition company) merger was approved on Friday and will see Donald Trump's media company Trump Media & Technology Group (NASDAQ:DJT) make its public debut. Among the shareholders of the Trump company is a well-known member of the U.S. House of...