SPAC Shareholders Approve Deal That Will Take WeWork Public

The Wall Street Journal2021-10-20

BowX says deal is expected to provide the shared-workspace company with cash proceeds of about $1.3 billion

Shares of the combined company, to be named WeWork, are expected to begin trading on Oct. 21.

Special purpose acquisition company BowX AcquisitionCorp. said Tuesday its shareholders approved thepreviously announced business combinationwith shared-workspace company WeWork Inc.

BowX said the deal is expected to provide WeWork with cash proceeds of about $1.3 billion.

The merger is expected to close on or about Oct. 20, BowX said, adding shares of the combined company, to be named WeWork, are expected to begin trading on the New York Stock Exchange on Oct. 21.

An earlier attempt for an initial public offering of WeWork in 2019 was postponed by its then-parent company amid questions about the company’s corporate governance and how much it was worth. The company was eventually bailed out by SoftBank Group Corp.

BowX Acquisition was formed by management of venture capital fund Bow Capital.

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Comments

BaldoRocks
2021-10-21
BaldoRocks
Yes
BaldoRocks
2021-10-21
BaldoRocks
Nice?
Ken3888
2021-10-20
Ken3888
Ok
- Ken3888:
  K
boonk
2021-10-20
boonk
We Work from home.. WWFH
- boonkReplyboonk:
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- boonkReplyboonk:
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- boonkReplyboonk:
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- boonkReplyboonk:
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- boonkReplyboonk:
  [摊手] [摊手]
ivy888
2021-10-20
ivy888
Like
- Shindokai:
  Ok

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The company was eventually bailed out by&nbsp;SoftBank Group&nbsp;Corp.</p>\n<p>BowX Acquisition was formed by management of venture capital fund Bow Capital.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>SPAC Shareholders Approve Deal That Will Take WeWork Public</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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The company was eventually bailed out by SoftBank Group Corp.\nBowX Acquisition was formed by management of venture capital fund Bow Capital.","news_type":1,"symbols_score_info":{"BOWX":0.9,"WE":0.9}},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"CN"},{"id":853518585,"gmtCreate":1634823936067,"gmtModify":1676531284715,"author":{"id":"4097486973156010","authorId":"4097486973156010","name":"BaldoRocks","avatar":"https://static.tigerbbs.com/74f3fe1c5f3f5948a1c567387aa6c7ba","vip":1,"crmLevel":12,"crmLevelSwitch":0,"authorIdStr":"4097486973156010","idStr":"4097486973156010"},"htmlText":"Nice?","listText":"Nice?","text":"Nice?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/853518585","repostId":1194897774,"repostType":2,"repost":{"id":"1194897774","kind":"news","pubTimestamp":1634687613,"share":"https://ttm.financial/m/news/1194897774?lang=en_US&edition=fundamental","pubTime":"2021-10-20 07:53","market":"us","language":"en","title":"SPAC Shareholders Approve Deal That Will Take WeWork Public","url":"https://stock-news.laohu8.com/highlight/detail?id=1194897774","media":"The Wall Street Journal","summary":"BowX says deal is expected to provide the shared-workspace company with cash proceeds of about $1.3 ","content":"<p>BowX says deal is expected to provide the shared-workspace company with cash proceeds of about $1.3 billion</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/e6e1bada53ec8f52f12dc2a76441fb44\" tg-width=\"1290\" tg-height=\"860\" width=\"100%\" height=\"auto\"><span>Shares of the combined company, to be named WeWork, are expected to begin trading on Oct. 21.</span></p>\n<p>Special purpose acquisition company&nbsp;BowX AcquisitionCorp.&nbsp;said Tuesday its shareholders approved thepreviously announced business combinationwith shared-workspace company WeWork Inc.</p>\n<p>BowX said the deal is expected to provide WeWork with cash proceeds of about $1.3 billion.</p>\n<p>The merger is expected to close on or about Oct. 20, BowX said, adding shares of the combined company, to be named WeWork, are expected to begin trading on the New York Stock Exchange on Oct. 21.</p>\n<p>An earlier attempt for an initial public offering of WeWork in 2019 was postponed by its then-parent company amid questions about the company’s corporate governance and how much it was worth. The company was eventually bailed out by&nbsp;SoftBank Group&nbsp;Corp.</p>\n<p>BowX Acquisition was formed by management of venture capital fund Bow Capital.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>SPAC Shareholders Approve Deal That Will Take WeWork Public</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSPAC Shareholders Approve Deal That Will Take WeWork Public\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-10-20 07:53 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.wsj.com/articles/spac-shareholders-approve-deal-that-will-take-wework-public-11634681831?mod=hp_lista_pos3><strong>The Wall Street Journal</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>BowX says deal is expected to provide the shared-workspace company with cash proceeds of about $1.3 billion\nShares of the combined company, to be named WeWork, are expected to begin trading on Oct. 21...</p>\n\n<a href=\"https://www.wsj.com/articles/spac-shareholders-approve-deal-that-will-take-wework-public-11634681831?mod=hp_lista_pos3\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://www.wsj.com/articles/spac-shareholders-approve-deal-that-will-take-wework-public-11634681831?mod=hp_lista_pos3","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1194897774","content_text":"BowX says deal is expected to provide the shared-workspace company with cash proceeds of about $1.3 billion\nShares of the combined company, to be named WeWork, are expected to begin trading on Oct. 21.\nSpecial purpose acquisition company BowX AcquisitionCorp. said Tuesday its shareholders approved thepreviously announced business combinationwith shared-workspace company WeWork Inc.\nBowX said the deal is expected to provide WeWork with cash proceeds of about $1.3 billion.\nThe merger is expected to close on or about Oct. 20, BowX said, adding shares of the combined company, to be named WeWork, are expected to begin trading on the New York Stock Exchange on Oct. 21.\nAn earlier attempt for an initial public offering of WeWork in 2019 was postponed by its then-parent company amid questions about the company’s corporate governance and how much it was worth. The company was eventually bailed out by SoftBank Group Corp.\nBowX Acquisition was formed by management of venture capital fund Bow Capital.","news_type":1,"symbols_score_info":{"BOWX":0.9,"WE":0.9}},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"CN"},{"id":859828841,"gmtCreate":1634688305698,"gmtModify":1676531250164,"author":{"id":"3581507312795318","authorId":"3581507312795318","name":"Ken3888","avatar":"https://static.tigerbbs.com/493a96d6ecc5aa191181e04cc37afca5","vip":1,"crmLevel":2,"crmLevelSwitch":0,"authorIdStr":"3581507312795318","idStr":"3581507312795318"},"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/859828841","repostId":1194897774,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":6258316,"gmtCreate":1634688311831,"gmtModify":1663235619738,"authorId":3581507312795318,"author":{"id":3581507312795318,"idStr":"3581507312795318","authorId":3581507312795318,"name":"Ken3888","avatar":"https://static.tigerbbs.com/493a96d6ecc5aa191181e04cc37afca5","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":859828841,"type":1,"supId":0,"prevId":0,"content":"K","text":"K","html":"K"}],"langContent":"CN"},{"id":859864220,"gmtCreate":1634687987284,"gmtModify":1676531250040,"author":{"id":"3580955744929134","authorId":"3580955744929134","name":"boonk","avatar":"https://static.tigerbbs.com/6e58310c6a80ddfbcb69e0989cda7858","vip":1,"hat":"https://static.tigerbbs.com/f84d87792f02cf78e80ee34979fd31e5","crmLevel":12,"crmLevelSwitch":1,"authorIdStr":"3580955744929134","idStr":"3580955744929134"},"htmlText":"We Work from home.. WWFH&nbsp;","listText":"We Work from home.. WWFH&nbsp;","text":"We Work from home.. WWFH","images":[],"top":1,"highlighted":2,"essential":1,"paper":1,"likeSize":4,"commentSize":31,"repostSize":0,"link":"https://ttm.financial/post/859864220","repostId":1194897774,"repostType":4,"repost":{"id":"1194897774","kind":"news","pubTimestamp":1634687613,"share":"https://ttm.financial/m/news/1194897774?lang=en_US&edition=fundamental","pubTime":"2021-10-20 07:53","market":"us","language":"en","title":"SPAC Shareholders Approve Deal That Will Take WeWork Public","url":"https://stock-news.laohu8.com/highlight/detail?id=1194897774","media":"The Wall Street Journal","summary":"BowX says deal is expected to provide the shared-workspace company with cash proceeds of about $1.3 ","content":"<p>BowX says deal is expected to provide the shared-workspace company with cash proceeds of about $1.3 billion</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/e6e1bada53ec8f52f12dc2a76441fb44\" tg-width=\"1290\" tg-height=\"860\" width=\"100%\" height=\"auto\"><span>Shares of the combined company, to be named WeWork, are expected to begin trading on Oct. 21.</span></p>\n<p>Special purpose acquisition company&nbsp;BowX AcquisitionCorp.&nbsp;said Tuesday its shareholders approved thepreviously announced business combinationwith shared-workspace company WeWork Inc.</p>\n<p>BowX said the deal is expected to provide WeWork with cash proceeds of about $1.3 billion.</p>\n<p>The merger is expected to close on or about Oct. 20, BowX said, adding shares of the combined company, to be named WeWork, are expected to begin trading on the New York Stock Exchange on Oct. 21.</p>\n<p>An earlier attempt for an initial public offering of WeWork in 2019 was postponed by its then-parent company amid questions about the company’s corporate governance and how much it was worth. The company was eventually bailed out by&nbsp;SoftBank Group&nbsp;Corp.</p>\n<p>BowX Acquisition was formed by management of venture capital fund Bow Capital.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>SPAC Shareholders Approve Deal That Will Take WeWork Public</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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deal is expected to provide the shared-workspace company with cash proceeds of about $1.3 ","content":"<p>BowX says deal is expected to provide the shared-workspace company with cash proceeds of about $1.3 billion</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/e6e1bada53ec8f52f12dc2a76441fb44\" tg-width=\"1290\" tg-height=\"860\" width=\"100%\" height=\"auto\"><span>Shares of the combined company, to be named WeWork, are expected to begin trading on Oct. 21.</span></p>\n<p>Special purpose acquisition company&nbsp;BowX AcquisitionCorp.&nbsp;said Tuesday its shareholders approved thepreviously announced business combinationwith shared-workspace company WeWork Inc.</p>\n<p>BowX said the deal is expected to provide WeWork with cash proceeds of about $1.3 billion.</p>\n<p>The merger is expected to close on or about Oct. 20, BowX said, adding shares of the combined company, to be named WeWork, are expected to begin trading on the New York Stock Exchange on Oct. 21.</p>\n<p>An earlier attempt for an initial public offering of WeWork in 2019 was postponed by its then-parent company amid questions about the company’s corporate governance and how much it was worth. The company was eventually bailed out by&nbsp;SoftBank Group&nbsp;Corp.</p>\n<p>BowX Acquisition was formed by management of venture capital fund Bow Capital.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>SPAC Shareholders Approve Deal That Will Take WeWork Public</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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The company was eventually bailed out by SoftBank Group Corp.\nBowX Acquisition was formed by management of venture capital fund Bow Capital.","news_type":1,"symbols_score_info":{"BOWX":0.9,"WE":0.9}},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":6258212,"gmtCreate":1634687888807,"gmtModify":1663235619944,"authorId":3576820982022251,"author":{"id":3576820982022251,"idStr":"3576820982022251","authorId":3576820982022251,"name":"Shindokai","avatar":"https://static.tigerbbs.com/548d3e56658ca7df99ec4ad0e0b65d4d","vip":1,"crmLevel":11,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":859866567,"type":1,"supId":0,"prevId":0,"content":"Ok","text":"Ok","html":"Ok"}],"langContent":"CN"}],"isCommentEnd":false,"newsSizeData":{"likeSize":59,"commentSize":5,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"tenantId":"TBGLOBAL","deviceId":"web-server-community-laohu8-v3","version":"4.36.0","shortVersion":"4.36.0","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/1194897774","isCrawlerRequest":true}