SPAC IPOs Show Time Is Money With Speedier Deal Chases

173
30
Favorite

SPAC IPOs Show Time Is Money With Speedier Deal Chases

Bloomberg2021-08-02

(Bloomberg) -- SPAC bosses are finding they have to speed up their deal hunt if they want to attract investors these days. About half the blank-check companies that filed for U.S. listings since the ...

Source Link

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

173

Report

Comment（30）

JayAnn
·2021-08-03
??
Reply
9
Report
Ericteo
·2021-08-03
nice
Reply
4
Report
NgKenny
·2021-08-03
Nice
Reply
2
Report
SMW
·2021-08-03
Good
Reply
Like
Report
jkleiderc
·2021-08-03
like comment
Reply
7
Report
Fold Replies
- KlWong:
  Done
  2021-08-03
  Reply
  Report
moonbright
·2021-08-03
?
Reply
3
Report
Fold Replies
- jkleiderc:
  j
  2021-08-03
  Reply
  Report
SherryVJ
·2021-08-03
????
Reply
6
Report
Fold Replies
- Jaywei:
  Ok
  2021-08-03
  Reply
  Report
SherryVJ
·2021-08-02
IOP show time
Reply
2
Report
OO_898
·2021-08-02
Like
Reply
5
Report
PanaCota
·2021-08-02
Ok
Reply
2
Report
Jcbduck
·2021-08-02
Like
Reply
5
Report
GM1318
·2021-08-02
Hello
Reply
2
Report
Fold Replies
- GM1318:
  Hi
  2021-08-02
  Reply
  Report
superdog
·2021-08-02
Like and comment pls
Reply
2
Report
Fold Replies
- Jaywei:
  Ok
  2021-08-03
  Reply
  Report
- Blackk:
  Ok
  2021-08-02
  Reply
  Report
YewKhoon
·2021-08-02
Like pls
Reply
1
Report
Fold Replies
- GM1318:
  Gd
  2021-08-02
  Reply
  Report
alex alexalex
·2021-08-02
[开心]
Reply
5
Report
Fold Replies
- alex alexalex:
  b
  2021-08-02
  Reply
  Report
Yeong
·2021-08-02
Y
Reply
4
Report
Fold Replies
- Yeong:
  Y
  2021-08-02
  Reply
  Report
2MDB
·2021-08-02
like please
Reply
8
Report
KnowWhen
·2021-08-02
[Smile]
Reply
6
Report
Fold Replies
- KnowWhen:
  [Smile]
  2021-08-02
  Reply
  Report
Mano86
·2021-08-02
Nice.
Reply
7
Report
Fold Replies
- 2MDB:
  like please
  2021-08-02
  Reply
  Report
Kok
·2021-08-02
Pls like. Tks!
Reply
7
Report
Fold Replies
- CLOUD1127:
  Ok
  2021-08-02
  Reply
  Report

Most Discussed

7x24

All

Terms and Conditions·Privacy Policy

Company: TTMF Limited. Tech supported by Xiangshang Yixin.

Email：uservice@ttm.financial

{"i18n":{"language":"en_US"},"data":{"share":"https://ttm.financial/m/news/1122733391?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2021-08-02 22:48","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"1122733391","market":"us","top_or_hot":-1,"title":"SPAC IPOs Show Time Is Money With Speedier Deal Chases","media":"Bloomberg","content":"<div>\n<p>(Bloomberg) -- SPAC bosses are finding they have to speed up their deal hunt if they want to attract investors these days.\nAbout half the blank-check companies that filed for U.S. listings since the ...</p>\n\n<a href=\"https://finance.yahoo.com/news/blank-check-ipos-show-time-110000593.html\">Source Link</a>\n\n</div>\n","source":"lsy1584095487587","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 IPOs Show Time Is Money With Speedier Deal Chases</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; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\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 IPOs Show Time Is Money With Speedier Deal Chases\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-08-02 22:48 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/blank-check-ipos-show-time-110000593.html><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>(Bloomberg) -- SPAC bosses are finding they have to speed up their deal hunt if they want to attract investors these days.\nAbout half the blank-check companies that filed for U.S. listings since the ...</p>\n\n<a href=\"https://finance.yahoo.com/news/blank-check-ipos-show-time-110000593.html\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":null,"symbol_name":null,"start_time":0,"source_url":"https://finance.yahoo.com/news/blank-check-ipos-show-time-110000593.html","article_id":"1122733391","we_media_id":null,"thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1122733391","pubTimestamp":1627915738,"sourceInfo":{"source_id":"lsy1584095487587","name":"Bloomberg"},"weMediaInfo":null,"summary":"(Bloomberg) -- SPAC bosses are finding they have to speed up their deal hunt if they want to attract","collect":0,"end_time":0,"defaultTopTitle":"yahoo.com","property":[],"viewcount":null,"language":"en","relate_stocks":{},"translate_title":"SPAC IPO显示时间就是金钱，交易追逐更快","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{},"content_text":"(Bloomberg) -- SPAC bosses are finding they have to speed up their deal hunt if they want to attract investors these days.\nAbout half the blank-check companies that filed for U.S. listings since the start of June are giving themselves an initial period of 18 months or less to find an acquisition target, according to data compiled by SPAC Research. That’s a big change from earlier in the boom, when more than 80% set their duration at a standard 24 months.\nStock buyers are getting more selective as the market for special purpose acquisition companies cools, making it more difficult for lesser-known issuers to raise capital. Hedge funds investing with borrowed money are more willing to bet on an unproven team if they can profit quickly -- or at least get their money back soon if it doesn’t pan out.\n“Pricing IPOs is difficult with so many in the market,” said Nicholas Skibo, a managing partner at Gritstone Asset Management, which invests in SPACs. “So you either have to be a world-class sponsor or you have to provide an incentive.”\nTime Crunch\nSeasoned dealmakers from former Facebook Inc. executive Chamath Palihapitiya to billionaire investor Paul Singer are still taking their time with their latest SPACs, giving themselves two years to find a target. Newcomers are promising to deliver a deal in half that time, with many of the SPACs that unveiled listing plans last week intending to merge with a private company within 12 months.\nThe shorter durations are helping these blank-check companies stand out among the more than 300 SPACs waiting to sell shares in New York. A SPAC I Acquisition Corp., led by former Franklin Templeton Investments executive Claudius Tsang, is among the new listing hopefuls. It aims to raise $80 million to buy a company in the technology or e-commerce industry in Asia.\nNeo Technology Acquisition Corp. and Singularity Acquisition Corp., both run by little-known China dealmakers, will also have just a year to find a target. Both can be extended multiple times, each time by three months, if they can’t find a deal within the initial window and their sponsors deposit more funds into a trust account.\nInvestor Demands\nThe duration of blank-check companies is going to be a topic that investors will push back on, according to Jennifer Deason, the chairman of Belong Acquisition Corp.\n“It’s the market,” Deason, whose blank-check firm started trading in July, said in an interview. “There are a lot of SPACs out there, and the pendulum swings back and forth in terms of supply and demand.”\nThe shorter timespans mean these new blank-check companies have deadlines closer to those of SPACs that are already listed, said Steven Halperin, co-head of capital solutions at investment bank Moelis & Co. The benefit for serial dealmakers, though, is that they may not need too much time to seal a deal.\n“For a repeat issuer, the sponsor will already have the experience and potentially a shortlist of targets required to complete the SPAC lifecycle in a shorter timeframe,” Halperin said.","kind":null,"is_publish_news":false,"is_publish_highlight":true,"is_publish_live":null,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[{"id":804823804,"gmtCreate":1627950370008,"gmtModify":1703498341713,"author":{"id":"3587074498714906","authorId":"3587074498714906","name":"JayAnn","avatar":"https://static.tigerbbs.com/041a8eac40ddc37394b2b45625121237","vip":1,"crmLevel":2,"crmLevelSwitch":0},"htmlText":"??","listText":"??","text":"??","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":9,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/804823804","repostId":1122733391,"repostType":4,"repost":{"id":"1122733391","pubTimestamp":1627915738,"share":"https://www.laohu8.com/m/news/1122733391?lang=&edition=full","pubTime":"2021-08-02 22:48","market":"us","language":"en","title":"SPAC IPOs Show Time Is Money With Speedier Deal Chases","url":"https://stock-news.laohu8.com/highlight/detail?id=1122733391","media":"Bloomberg","summary":"(Bloomberg) -- SPAC bosses are finding they have to speed up their deal hunt if they want to attract","content":"<p>(Bloomberg) -- SPAC bosses are finding they have to speed up their deal hunt if they want to attract investors these days.</p>\n<p>About half the blank-check companies that filed for U.S. listings since the start of June are giving themselves an initial period of 18 months or less to find an acquisition target, according to data compiled by SPAC Research. That’s a big change from earlier in the boom, when more than 80% set their duration at a standard 24 months.</p>\n<p>Stock buyers are getting more selective as the market for special purpose acquisition companies cools, making it more difficult for lesser-known issuers to raise capital. Hedge funds investing with borrowed money are more willing to bet on an unproven team if they can profit quickly -- or at least get their money back soon if it doesn’t pan out.</p>\n<p>“Pricing IPOs is difficult with so many in the market,” said Nicholas Skibo, a managing partner at Gritstone Asset Management, which invests in SPACs. “So you either have to be a world-class sponsor or you have to provide an incentive.”</p>\n<p><b>Time Crunch</b></p>\n<p>Seasoned dealmakers from former Facebook Inc. executive Chamath Palihapitiya to billionaire investor Paul Singer are still taking their time with their latest SPACs, giving themselves two years to find a target. Newcomers are promising to deliver a deal in half that time, with many of the SPACs that unveiled listing plans last week intending to merge with a private company within 12 months.</p>\n<p>The shorter durations are helping these blank-check companies stand out among the more than 300 SPACs waiting to sell shares in New York. A SPAC I Acquisition Corp., led by former Franklin Templeton Investments executive Claudius Tsang, is among the new listing hopefuls. It aims to raise $80 million to buy a company in the technology or e-commerce industry in Asia.</p>\n<p>Neo Technology Acquisition Corp. and Singularity Acquisition Corp., both run by little-known China dealmakers, will also have just a year to find a target. Both can be extended multiple times, each time by three months, if they can’t find a deal within the initial window and their sponsors deposit more funds into a trust account.</p>\n<p><b>Investor Demands</b></p>\n<p>The duration of blank-check companies is going to be a topic that investors will push back on, according to Jennifer Deason, the chairman of Belong Acquisition Corp.</p>\n<p>“It’s the market,” Deason, whose blank-check firm started trading in July, said in an interview. “There are a lot of SPACs out there, and the pendulum swings back and forth in terms of supply and demand.”</p>\n<p>The shorter timespans mean these new blank-check companies have deadlines closer to those of SPACs that are already listed, said Steven Halperin, co-head of capital solutions at investment bank Moelis &amp; Co. The benefit for serial dealmakers, though, is that they may not need too much time to seal a deal.</p>\n<p>“For a repeat issuer, the sponsor will already have the experience and potentially a shortlist of targets required to complete the SPAC lifecycle in a shorter timeframe,” Halperin said.</p>","source":"lsy1584095487587","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 IPOs Show Time Is Money With Speedier Deal Chases</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; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\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 IPOs Show Time Is Money With Speedier Deal Chases\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-08-02 22:48 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/blank-check-ipos-show-time-110000593.html><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>(Bloomberg) -- SPAC bosses are finding they have to speed up their deal hunt if they want to attract investors these days.\nAbout half the blank-check companies that filed for U.S. listings since the ...</p>\n\n<a href=\"https://finance.yahoo.com/news/blank-check-ipos-show-time-110000593.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://finance.yahoo.com/news/blank-check-ipos-show-time-110000593.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1122733391","content_text":"(Bloomberg) -- SPAC bosses are finding they have to speed up their deal hunt if they want to attract investors these days.\nAbout half the blank-check companies that filed for U.S. listings since the start of June are giving themselves an initial period of 18 months or less to find an acquisition target, according to data compiled by SPAC Research. That’s a big change from earlier in the boom, when more than 80% set their duration at a standard 24 months.\nStock buyers are getting more selective as the market for special purpose acquisition companies cools, making it more difficult for lesser-known issuers to raise capital. Hedge funds investing with borrowed money are more willing to bet on an unproven team if they can profit quickly -- or at least get their money back soon if it doesn’t pan out.\n“Pricing IPOs is difficult with so many in the market,” said Nicholas Skibo, a managing partner at Gritstone Asset Management, which invests in SPACs. “So you either have to be a world-class sponsor or you have to provide an incentive.”\nTime Crunch\nSeasoned dealmakers from former Facebook Inc. executive Chamath Palihapitiya to billionaire investor Paul Singer are still taking their time with their latest SPACs, giving themselves two years to find a target. Newcomers are promising to deliver a deal in half that time, with many of the SPACs that unveiled listing plans last week intending to merge with a private company within 12 months.\nThe shorter durations are helping these blank-check companies stand out among the more than 300 SPACs waiting to sell shares in New York. A SPAC I Acquisition Corp., led by former Franklin Templeton Investments executive Claudius Tsang, is among the new listing hopefuls. It aims to raise $80 million to buy a company in the technology or e-commerce industry in Asia.\nNeo Technology Acquisition Corp. and Singularity Acquisition Corp., both run by little-known China dealmakers, will also have just a year to find a target. Both can be extended multiple times, each time by three months, if they can’t find a deal within the initial window and their sponsors deposit more funds into a trust account.\nInvestor Demands\nThe duration of blank-check companies is going to be a topic that investors will push back on, according to Jennifer Deason, the chairman of Belong Acquisition Corp.\n“It’s the market,” Deason, whose blank-check firm started trading in July, said in an interview. “There are a lot of SPACs out there, and the pendulum swings back and forth in terms of supply and demand.”\nThe shorter timespans mean these new blank-check companies have deadlines closer to those of SPACs that are already listed, said Steven Halperin, co-head of capital solutions at investment bank Moelis & Co. The benefit for serial dealmakers, though, is that they may not need too much time to seal a deal.\n“For a repeat issuer, the sponsor will already have the experience and potentially a shortlist of targets required to complete the SPAC lifecycle in a shorter timeframe,” Halperin said.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":804148439,"gmtCreate":1627947600421,"gmtModify":1703498230414,"author":{"id":"3581638543270710","authorId":"3581638543270710","name":"Ericteo","avatar":"https://static.tigerbbs.com/25654af78f59db532e4ac96ccd23a38e","vip":1,"crmLevel":2,"crmLevelSwitch":0},"htmlText":"nice","listText":"nice","text":"nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/804148439","repostId":1122733391,"repostType":4,"repost":{"id":"1122733391","pubTimestamp":1627915738,"share":"https://www.laohu8.com/m/news/1122733391?lang=&edition=full","pubTime":"2021-08-02 22:48","market":"us","language":"en","title":"SPAC IPOs Show Time Is Money With Speedier Deal Chases","url":"https://stock-news.laohu8.com/highlight/detail?id=1122733391","media":"Bloomberg","summary":"(Bloomberg) -- SPAC bosses are finding they have to speed up their deal hunt if they want to attract","content":"<p>(Bloomberg) -- SPAC bosses are finding they have to speed up their deal hunt if they want to attract investors these days.</p>\n<p>About half the blank-check companies that filed for U.S. listings since the start of June are giving themselves an initial period of 18 months or less to find an acquisition target, according to data compiled by SPAC Research. That’s a big change from earlier in the boom, when more than 80% set their duration at a standard 24 months.</p>\n<p>Stock buyers are getting more selective as the market for special purpose acquisition companies cools, making it more difficult for lesser-known issuers to raise capital. Hedge funds investing with borrowed money are more willing to bet on an unproven team if they can profit quickly -- or at least get their money back soon if it doesn’t pan out.</p>\n<p>“Pricing IPOs is difficult with so many in the market,” said Nicholas Skibo, a managing partner at Gritstone Asset Management, which invests in SPACs. “So you either have to be a world-class sponsor or you have to provide an incentive.”</p>\n<p><b>Time Crunch</b></p>\n<p>Seasoned dealmakers from former Facebook Inc. executive Chamath Palihapitiya to billionaire investor Paul Singer are still taking their time with their latest SPACs, giving themselves two years to find a target. Newcomers are promising to deliver a deal in half that time, with many of the SPACs that unveiled listing plans last week intending to merge with a private company within 12 months.</p>\n<p>The shorter durations are helping these blank-check companies stand out among the more than 300 SPACs waiting to sell shares in New York. A SPAC I Acquisition Corp., led by former Franklin Templeton Investments executive Claudius Tsang, is among the new listing hopefuls. It aims to raise $80 million to buy a company in the technology or e-commerce industry in Asia.</p>\n<p>Neo Technology Acquisition Corp. and Singularity Acquisition Corp., both run by little-known China dealmakers, will also have just a year to find a target. Both can be extended multiple times, each time by three months, if they can’t find a deal within the initial window and their sponsors deposit more funds into a trust account.</p>\n<p><b>Investor Demands</b></p>\n<p>The duration of blank-check companies is going to be a topic that investors will push back on, according to Jennifer Deason, the chairman of Belong Acquisition Corp.</p>\n<p>“It’s the market,” Deason, whose blank-check firm started trading in July, said in an interview. “There are a lot of SPACs out there, and the pendulum swings back and forth in terms of supply and demand.”</p>\n<p>The shorter timespans mean these new blank-check companies have deadlines closer to those of SPACs that are already listed, said Steven Halperin, co-head of capital solutions at investment bank Moelis &amp; Co. The benefit for serial dealmakers, though, is that they may not need too much time to seal a deal.</p>\n<p>“For a repeat issuer, the sponsor will already have the experience and potentially a shortlist of targets required to complete the SPAC lifecycle in a shorter timeframe,” Halperin said.</p>","source":"lsy1584095487587","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 IPOs Show Time Is Money With Speedier Deal Chases</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; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\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 IPOs Show Time Is Money With Speedier Deal Chases\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-08-02 22:48 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/blank-check-ipos-show-time-110000593.html><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>(Bloomberg) -- SPAC bosses are finding they have to speed up their deal hunt if they want to attract investors these days.\nAbout half the blank-check companies that filed for U.S. listings since the ...</p>\n\n<a href=\"https://finance.yahoo.com/news/blank-check-ipos-show-time-110000593.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://finance.yahoo.com/news/blank-check-ipos-show-time-110000593.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1122733391","content_text":"(Bloomberg) -- SPAC bosses are finding they have to speed up their deal hunt if they want to attract investors these days.\nAbout half the blank-check companies that filed for U.S. listings since the start of June are giving themselves an initial period of 18 months or less to find an acquisition target, according to data compiled by SPAC Research. That’s a big change from earlier in the boom, when more than 80% set their duration at a standard 24 months.\nStock buyers are getting more selective as the market for special purpose acquisition companies cools, making it more difficult for lesser-known issuers to raise capital. Hedge funds investing with borrowed money are more willing to bet on an unproven team if they can profit quickly -- or at least get their money back soon if it doesn’t pan out.\n“Pricing IPOs is difficult with so many in the market,” said Nicholas Skibo, a managing partner at Gritstone Asset Management, which invests in SPACs. “So you either have to be a world-class sponsor or you have to provide an incentive.”\nTime Crunch\nSeasoned dealmakers from former Facebook Inc. executive Chamath Palihapitiya to billionaire investor Paul Singer are still taking their time with their latest SPACs, giving themselves two years to find a target. Newcomers are promising to deliver a deal in half that time, with many of the SPACs that unveiled listing plans last week intending to merge with a private company within 12 months.\nThe shorter durations are helping these blank-check companies stand out among the more than 300 SPACs waiting to sell shares in New York. A SPAC I Acquisition Corp., led by former Franklin Templeton Investments executive Claudius Tsang, is among the new listing hopefuls. It aims to raise $80 million to buy a company in the technology or e-commerce industry in Asia.\nNeo Technology Acquisition Corp. and Singularity Acquisition Corp., both run by little-known China dealmakers, will also have just a year to find a target. Both can be extended multiple times, each time by three months, if they can’t find a deal within the initial window and their sponsors deposit more funds into a trust account.\nInvestor Demands\nThe duration of blank-check companies is going to be a topic that investors will push back on, according to Jennifer Deason, the chairman of Belong Acquisition Corp.\n“It’s the market,” Deason, whose blank-check firm started trading in July, said in an interview. “There are a lot of SPACs out there, and the pendulum swings back and forth in terms of supply and demand.”\nThe shorter timespans mean these new blank-check companies have deadlines closer to those of SPACs that are already listed, said Steven Halperin, co-head of capital solutions at investment bank Moelis & Co. The benefit for serial dealmakers, though, is that they may not need too much time to seal a deal.\n“For a repeat issuer, the sponsor will already have the experience and potentially a shortlist of targets required to complete the SPAC lifecycle in a shorter timeframe,” Halperin said.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":804124617,"gmtCreate":1627946929239,"gmtModify":1703498206032,"author":{"id":"3582778356971864","authorId":"3582778356971864","name":"NgKenny","avatar":"https://static.tigerbbs.com/4fdae3e0bdca8d3a33e7f9d619f0dc88","vip":1,"hat":"https://static.tigerbbs.com/b073a07f77dbe6b3bec6b12311fde6bd","crmLevel":2,"crmLevelSwitch":1},"htmlText":"Nice","listText":"Nice","text":"Nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/804124617","repostId":1122733391,"repostType":4,"repost":{"id":"1122733391","pubTimestamp":1627915738,"share":"https://www.laohu8.com/m/news/1122733391?lang=&edition=full","pubTime":"2021-08-02 22:48","market":"us","language":"en","title":"SPAC IPOs Show Time Is Money With Speedier Deal Chases","url":"https://stock-news.laohu8.com/highlight/detail?id=1122733391","media":"Bloomberg","summary":"(Bloomberg) -- SPAC bosses are finding they have to speed up their deal hunt if they want to attract","content":"<p>(Bloomberg) -- SPAC bosses are finding they have to speed up their deal hunt if they want to attract investors these days.</p>\n<p>About half the blank-check companies that filed for U.S. listings since the start of June are giving themselves an initial period of 18 months or less to find an acquisition target, according to data compiled by SPAC Research. That’s a big change from earlier in the boom, when more than 80% set their duration at a standard 24 months.</p>\n<p>Stock buyers are getting more selective as the market for special purpose acquisition companies cools, making it more difficult for lesser-known issuers to raise capital. Hedge funds investing with borrowed money are more willing to bet on an unproven team if they can profit quickly -- or at least get their money back soon if it doesn’t pan out.</p>\n<p>“Pricing IPOs is difficult with so many in the market,” said Nicholas Skibo, a managing partner at Gritstone Asset Management, which invests in SPACs. “So you either have to be a world-class sponsor or you have to provide an incentive.”</p>\n<p><b>Time Crunch</b></p>\n<p>Seasoned dealmakers from former Facebook Inc. executive Chamath Palihapitiya to billionaire investor Paul Singer are still taking their time with their latest SPACs, giving themselves two years to find a target. Newcomers are promising to deliver a deal in half that time, with many of the SPACs that unveiled listing plans last week intending to merge with a private company within 12 months.</p>\n<p>The shorter durations are helping these blank-check companies stand out among the more than 300 SPACs waiting to sell shares in New York. A SPAC I Acquisition Corp., led by former Franklin Templeton Investments executive Claudius Tsang, is among the new listing hopefuls. It aims to raise $80 million to buy a company in the technology or e-commerce industry in Asia.</p>\n<p>Neo Technology Acquisition Corp. and Singularity Acquisition Corp., both run by little-known China dealmakers, will also have just a year to find a target. Both can be extended multiple times, each time by three months, if they can’t find a deal within the initial window and their sponsors deposit more funds into a trust account.</p>\n<p><b>Investor Demands</b></p>\n<p>The duration of blank-check companies is going to be a topic that investors will push back on, according to Jennifer Deason, the chairman of Belong Acquisition Corp.</p>\n<p>“It’s the market,” Deason, whose blank-check firm started trading in July, said in an interview. “There are a lot of SPACs out there, and the pendulum swings back and forth in terms of supply and demand.”</p>\n<p>The shorter timespans mean these new blank-check companies have deadlines closer to those of SPACs that are already listed, said Steven Halperin, co-head of capital solutions at investment bank Moelis &amp; Co. The benefit for serial dealmakers, though, is that they may not need too much time to seal a deal.</p>\n<p>“For a repeat issuer, the sponsor will already have the experience and potentially a shortlist of targets required to complete the SPAC lifecycle in a shorter timeframe,” Halperin said.</p>","source":"lsy1584095487587","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 IPOs Show Time Is Money With Speedier Deal Chases</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; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\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 IPOs Show Time Is Money With Speedier Deal Chases\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-08-02 22:48 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/blank-check-ipos-show-time-110000593.html><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>(Bloomberg) -- SPAC bosses are finding they have to speed up their deal hunt if they want to attract investors these days.\nAbout half the blank-check companies that filed for U.S. listings since the ...</p>\n\n<a href=\"https://finance.yahoo.com/news/blank-check-ipos-show-time-110000593.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://finance.yahoo.com/news/blank-check-ipos-show-time-110000593.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1122733391","content_text":"(Bloomberg) -- SPAC bosses are finding they have to speed up their deal hunt if they want to attract investors these days.\nAbout half the blank-check companies that filed for U.S. listings since the start of June are giving themselves an initial period of 18 months or less to find an acquisition target, according to data compiled by SPAC Research. That’s a big change from earlier in the boom, when more than 80% set their duration at a standard 24 months.\nStock buyers are getting more selective as the market for special purpose acquisition companies cools, making it more difficult for lesser-known issuers to raise capital. Hedge funds investing with borrowed money are more willing to bet on an unproven team if they can profit quickly -- or at least get their money back soon if it doesn’t pan out.\n“Pricing IPOs is difficult with so many in the market,” said Nicholas Skibo, a managing partner at Gritstone Asset Management, which invests in SPACs. “So you either have to be a world-class sponsor or you have to provide an incentive.”\nTime Crunch\nSeasoned dealmakers from former Facebook Inc. executive Chamath Palihapitiya to billionaire investor Paul Singer are still taking their time with their latest SPACs, giving themselves two years to find a target. Newcomers are promising to deliver a deal in half that time, with many of the SPACs that unveiled listing plans last week intending to merge with a private company within 12 months.\nThe shorter durations are helping these blank-check companies stand out among the more than 300 SPACs waiting to sell shares in New York. A SPAC I Acquisition Corp., led by former Franklin Templeton Investments executive Claudius Tsang, is among the new listing hopefuls. It aims to raise $80 million to buy a company in the technology or e-commerce industry in Asia.\nNeo Technology Acquisition Corp. and Singularity Acquisition Corp., both run by little-known China dealmakers, will also have just a year to find a target. Both can be extended multiple times, each time by three months, if they can’t find a deal within the initial window and their sponsors deposit more funds into a trust account.\nInvestor Demands\nThe duration of blank-check companies is going to be a topic that investors will push back on, according to Jennifer Deason, the chairman of Belong Acquisition Corp.\n“It’s the market,” Deason, whose blank-check firm started trading in July, said in an interview. “There are a lot of SPACs out there, and the pendulum swings back and forth in terms of supply and demand.”\nThe shorter timespans mean these new blank-check companies have deadlines closer to those of SPACs that are already listed, said Steven Halperin, co-head of capital solutions at investment bank Moelis & Co. The benefit for serial dealmakers, though, is that they may not need too much time to seal a deal.\n“For a repeat issuer, the sponsor will already have the experience and potentially a shortlist of targets required to complete the SPAC lifecycle in a shorter timeframe,” Halperin said.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":804126196,"gmtCreate":1627946805415,"gmtModify":1703498201905,"author":{"id":"4090589669980690","authorId":"4090589669980690","name":"SMW","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":2,"crmLevelSwitch":1},"htmlText":"Good","listText":"Good","text":"Good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/804126196","repostId":1122733391,"repostType":4,"repost":{"id":"1122733391","pubTimestamp":1627915738,"share":"https://www.laohu8.com/m/news/1122733391?lang=&edition=full","pubTime":"2021-08-02 22:48","market":"us","language":"en","title":"SPAC IPOs Show Time Is Money With Speedier Deal Chases","url":"https://stock-news.laohu8.com/highlight/detail?id=1122733391","media":"Bloomberg","summary":"(Bloomberg) -- SPAC bosses are finding they have to speed up their deal hunt if they want to attract","content":"<p>(Bloomberg) -- SPAC bosses are finding they have to speed up their deal hunt if they want to attract investors these days.</p>\n<p>About half the blank-check companies that filed for U.S. listings since the start of June are giving themselves an initial period of 18 months or less to find an acquisition target, according to data compiled by SPAC Research. That’s a big change from earlier in the boom, when more than 80% set their duration at a standard 24 months.</p>\n<p>Stock buyers are getting more selective as the market for special purpose acquisition companies cools, making it more difficult for lesser-known issuers to raise capital. Hedge funds investing with borrowed money are more willing to bet on an unproven team if they can profit quickly -- or at least get their money back soon if it doesn’t pan out.</p>\n<p>“Pricing IPOs is difficult with so many in the market,” said Nicholas Skibo, a managing partner at Gritstone Asset Management, which invests in SPACs. “So you either have to be a world-class sponsor or you have to provide an incentive.”</p>\n<p><b>Time Crunch</b></p>\n<p>Seasoned dealmakers from former Facebook Inc. executive Chamath Palihapitiya to billionaire investor Paul Singer are still taking their time with their latest SPACs, giving themselves two years to find a target. Newcomers are promising to deliver a deal in half that time, with many of the SPACs that unveiled listing plans last week intending to merge with a private company within 12 months.</p>\n<p>The shorter durations are helping these blank-check companies stand out among the more than 300 SPACs waiting to sell shares in New York. A SPAC I Acquisition Corp., led by former Franklin Templeton Investments executive Claudius Tsang, is among the new listing hopefuls. It aims to raise $80 million to buy a company in the technology or e-commerce industry in Asia.</p>\n<p>Neo Technology Acquisition Corp. and Singularity Acquisition Corp., both run by little-known China dealmakers, will also have just a year to find a target. Both can be extended multiple times, each time by three months, if they can’t find a deal within the initial window and their sponsors deposit more funds into a trust account.</p>\n<p><b>Investor Demands</b></p>\n<p>The duration of blank-check companies is going to be a topic that investors will push back on, according to Jennifer Deason, the chairman of Belong Acquisition Corp.</p>\n<p>“It’s the market,” Deason, whose blank-check firm started trading in July, said in an interview. “There are a lot of SPACs out there, and the pendulum swings back and forth in terms of supply and demand.”</p>\n<p>The shorter timespans mean these new blank-check companies have deadlines closer to those of SPACs that are already listed, said Steven Halperin, co-head of capital solutions at investment bank Moelis &amp; Co. The benefit for serial dealmakers, though, is that they may not need too much time to seal a deal.</p>\n<p>“For a repeat issuer, the sponsor will already have the experience and potentially a shortlist of targets required to complete the SPAC lifecycle in a shorter timeframe,” Halperin said.</p>","source":"lsy1584095487587","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 IPOs Show Time Is Money With Speedier Deal Chases</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; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\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 IPOs Show Time Is Money With Speedier Deal Chases\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-08-02 22:48 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/blank-check-ipos-show-time-110000593.html><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>(Bloomberg) -- SPAC bosses are finding they have to speed up their deal hunt if they want to attract investors these days.\nAbout half the blank-check companies that filed for U.S. listings since the ...</p>\n\n<a href=\"https://finance.yahoo.com/news/blank-check-ipos-show-time-110000593.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://finance.yahoo.com/news/blank-check-ipos-show-time-110000593.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1122733391","content_text":"(Bloomberg) -- SPAC bosses are finding they have to speed up their deal hunt if they want to attract investors these days.\nAbout half the blank-check companies that filed for U.S. listings since the start of June are giving themselves an initial period of 18 months or less to find an acquisition target, according to data compiled by SPAC Research. That’s a big change from earlier in the boom, when more than 80% set their duration at a standard 24 months.\nStock buyers are getting more selective as the market for special purpose acquisition companies cools, making it more difficult for lesser-known issuers to raise capital. Hedge funds investing with borrowed money are more willing to bet on an unproven team if they can profit quickly -- or at least get their money back soon if it doesn’t pan out.\n“Pricing IPOs is difficult with so many in the market,” said Nicholas Skibo, a managing partner at Gritstone Asset Management, which invests in SPACs. “So you either have to be a world-class sponsor or you have to provide an incentive.”\nTime Crunch\nSeasoned dealmakers from former Facebook Inc. executive Chamath Palihapitiya to billionaire investor Paul Singer are still taking their time with their latest SPACs, giving themselves two years to find a target. Newcomers are promising to deliver a deal in half that time, with many of the SPACs that unveiled listing plans last week intending to merge with a private company within 12 months.\nThe shorter durations are helping these blank-check companies stand out among the more than 300 SPACs waiting to sell shares in New York. A SPAC I Acquisition Corp., led by former Franklin Templeton Investments executive Claudius Tsang, is among the new listing hopefuls. It aims to raise $80 million to buy a company in the technology or e-commerce industry in Asia.\nNeo Technology Acquisition Corp. and Singularity Acquisition Corp., both run by little-known China dealmakers, will also have just a year to find a target. Both can be extended multiple times, each time by three months, if they can’t find a deal within the initial window and their sponsors deposit more funds into a trust account.\nInvestor Demands\nThe duration of blank-check companies is going to be a topic that investors will push back on, according to Jennifer Deason, the chairman of Belong Acquisition Corp.\n“It’s the market,” Deason, whose blank-check firm started trading in July, said in an interview. “There are a lot of SPACs out there, and the pendulum swings back and forth in terms of supply and demand.”\nThe shorter timespans mean these new blank-check companies have deadlines closer to those of SPACs that are already listed, said Steven Halperin, co-head of capital solutions at investment bank Moelis & Co. The benefit for serial dealmakers, though, is that they may not need too much time to seal a deal.\n“For a repeat issuer, the sponsor will already have the experience and potentially a shortlist of targets required to complete the SPAC lifecycle in a shorter timeframe,” Halperin said.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":804340450,"gmtCreate":1627940001670,"gmtModify":1703498078552,"author":{"id":"3571495526057426","authorId":"3571495526057426","name":"jkleiderc","avatar":"https://static.tigerbbs.com/7e040aa6cc25876751fde605e73440b9","vip":1,"crmLevel":4,"crmLevelSwitch":0},"htmlText":"like comment","listText":"like comment","text":"like comment","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/804340450","repostId":1122733391,"repostType":4,"repost":{"id":"1122733391","pubTimestamp":1627915738,"share":"https://www.laohu8.com/m/news/1122733391?lang=&edition=full","pubTime":"2021-08-02 22:48","market":"us","language":"en","title":"SPAC IPOs Show Time Is Money With Speedier Deal Chases","url":"https://stock-news.laohu8.com/highlight/detail?id=1122733391","media":"Bloomberg","summary":"(Bloomberg) -- SPAC bosses are finding they have to speed up their deal hunt if they want to attract","content":"<p>(Bloomberg) -- SPAC bosses are finding they have to speed up their deal hunt if they want to attract investors these days.</p>\n<p>About half the blank-check companies that filed for U.S. listings since the start of June are giving themselves an initial period of 18 months or less to find an acquisition target, according to data compiled by SPAC Research. That’s a big change from earlier in the boom, when more than 80% set their duration at a standard 24 months.</p>\n<p>Stock buyers are getting more selective as the market for special purpose acquisition companies cools, making it more difficult for lesser-known issuers to raise capital. Hedge funds investing with borrowed money are more willing to bet on an unproven team if they can profit quickly -- or at least get their money back soon if it doesn’t pan out.</p>\n<p>“Pricing IPOs is difficult with so many in the market,” said Nicholas Skibo, a managing partner at Gritstone Asset Management, which invests in SPACs. “So you either have to be a world-class sponsor or you have to provide an incentive.”</p>\n<p><b>Time Crunch</b></p>\n<p>Seasoned dealmakers from former Facebook Inc. executive Chamath Palihapitiya to billionaire investor Paul Singer are still taking their time with their latest SPACs, giving themselves two years to find a target. Newcomers are promising to deliver a deal in half that time, with many of the SPACs that unveiled listing plans last week intending to merge with a private company within 12 months.</p>\n<p>The shorter durations are helping these blank-check companies stand out among the more than 300 SPACs waiting to sell shares in New York. A SPAC I Acquisition Corp., led by former Franklin Templeton Investments executive Claudius Tsang, is among the new listing hopefuls. It aims to raise $80 million to buy a company in the technology or e-commerce industry in Asia.</p>\n<p>Neo Technology Acquisition Corp. and Singularity Acquisition Corp., both run by little-known China dealmakers, will also have just a year to find a target. Both can be extended multiple times, each time by three months, if they can’t find a deal within the initial window and their sponsors deposit more funds into a trust account.</p>\n<p><b>Investor Demands</b></p>\n<p>The duration of blank-check companies is going to be a topic that investors will push back on, according to Jennifer Deason, the chairman of Belong Acquisition Corp.</p>\n<p>“It’s the market,” Deason, whose blank-check firm started trading in July, said in an interview. “There are a lot of SPACs out there, and the pendulum swings back and forth in terms of supply and demand.”</p>\n<p>The shorter timespans mean these new blank-check companies have deadlines closer to those of SPACs that are already listed, said Steven Halperin, co-head of capital solutions at investment bank Moelis &amp; Co. The benefit for serial dealmakers, though, is that they may not need too much time to seal a deal.</p>\n<p>“For a repeat issuer, the sponsor will already have the experience and potentially a shortlist of targets required to complete the SPAC lifecycle in a shorter timeframe,” Halperin said.</p>","source":"lsy1584095487587","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 IPOs Show Time Is Money With Speedier Deal Chases</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; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\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 IPOs Show Time Is Money With Speedier Deal Chases\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-08-02 22:48 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/blank-check-ipos-show-time-110000593.html><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>(Bloomberg) -- SPAC bosses are finding they have to speed up their deal hunt if they want to attract investors these days.\nAbout half the blank-check companies that filed for U.S. listings since the ...</p>\n\n<a href=\"https://finance.yahoo.com/news/blank-check-ipos-show-time-110000593.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://finance.yahoo.com/news/blank-check-ipos-show-time-110000593.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1122733391","content_text":"(Bloomberg) -- SPAC bosses are finding they have to speed up their deal hunt if they want to attract investors these days.\nAbout half the blank-check companies that filed for U.S. listings since the start of June are giving themselves an initial period of 18 months or less to find an acquisition target, according to data compiled by SPAC Research. That’s a big change from earlier in the boom, when more than 80% set their duration at a standard 24 months.\nStock buyers are getting more selective as the market for special purpose acquisition companies cools, making it more difficult for lesser-known issuers to raise capital. Hedge funds investing with borrowed money are more willing to bet on an unproven team if they can profit quickly -- or at least get their money back soon if it doesn’t pan out.\n“Pricing IPOs is difficult with so many in the market,” said Nicholas Skibo, a managing partner at Gritstone Asset Management, which invests in SPACs. “So you either have to be a world-class sponsor or you have to provide an incentive.”\nTime Crunch\nSeasoned dealmakers from former Facebook Inc. executive Chamath Palihapitiya to billionaire investor Paul Singer are still taking their time with their latest SPACs, giving themselves two years to find a target. Newcomers are promising to deliver a deal in half that time, with many of the SPACs that unveiled listing plans last week intending to merge with a private company within 12 months.\nThe shorter durations are helping these blank-check companies stand out among the more than 300 SPACs waiting to sell shares in New York. A SPAC I Acquisition Corp., led by former Franklin Templeton Investments executive Claudius Tsang, is among the new listing hopefuls. It aims to raise $80 million to buy a company in the technology or e-commerce industry in Asia.\nNeo Technology Acquisition Corp. and Singularity Acquisition Corp., both run by little-known China dealmakers, will also have just a year to find a target. Both can be extended multiple times, each time by three months, if they can’t find a deal within the initial window and their sponsors deposit more funds into a trust account.\nInvestor Demands\nThe duration of blank-check companies is going to be a topic that investors will push back on, according to Jennifer Deason, the chairman of Belong Acquisition Corp.\n“It’s the market,” Deason, whose blank-check firm started trading in July, said in an interview. “There are a lot of SPACs out there, and the pendulum swings back and forth in terms of supply and demand.”\nThe shorter timespans mean these new blank-check companies have deadlines closer to those of SPACs that are already listed, said Steven Halperin, co-head of capital solutions at investment bank Moelis & Co. The benefit for serial dealmakers, though, is that they may not need too much time to seal a deal.\n“For a repeat issuer, the sponsor will already have the experience and potentially a shortlist of targets required to complete the SPAC lifecycle in a shorter timeframe,” Halperin said.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5407153,"gmtCreate":1627946026894,"gmtModify":1663231841348,"authorId":3585862393512500,"author":{"id":3585862393512500,"authorId":3585862393512500,"name":"KlWong","avatar":"https://static.tigerbbs.com/b20610400ddcc33719ca6767c3e3fbde","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":804340450,"type":1,"supId":0,"prevId":0,"content":"Done","text":"Done","html":"Done"}],"langContent":"EN"},{"id":804362859,"gmtCreate":1627926221071,"gmtModify":1703498045456,"author":{"id":"3581561923124686","authorId":"3581561923124686","name":"moonbright","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":1,"crmLevelSwitch":0},"htmlText":"?","listText":"?","text":"?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/804362859","repostId":1122733391,"repostType":4,"repost":{"id":"1122733391","pubTimestamp":1627915738,"share":"https://www.laohu8.com/m/news/1122733391?lang=&edition=full","pubTime":"2021-08-02 22:48","market":"us","language":"en","title":"SPAC IPOs Show Time Is Money With Speedier Deal Chases","url":"https://stock-news.laohu8.com/highlight/detail?id=1122733391","media":"Bloomberg","summary":"(Bloomberg) -- SPAC bosses are finding they have to speed up their deal hunt if they want to attract","content":"<p>(Bloomberg) -- SPAC bosses are finding they have to speed up their deal hunt if they want to attract investors these days.</p>\n<p>About half the blank-check companies that filed for U.S. listings since the start of June are giving themselves an initial period of 18 months or less to find an acquisition target, according to data compiled by SPAC Research. That’s a big change from earlier in the boom, when more than 80% set their duration at a standard 24 months.</p>\n<p>Stock buyers are getting more selective as the market for special purpose acquisition companies cools, making it more difficult for lesser-known issuers to raise capital. Hedge funds investing with borrowed money are more willing to bet on an unproven team if they can profit quickly -- or at least get their money back soon if it doesn’t pan out.</p>\n<p>“Pricing IPOs is difficult with so many in the market,” said Nicholas Skibo, a managing partner at Gritstone Asset Management, which invests in SPACs. “So you either have to be a world-class sponsor or you have to provide an incentive.”</p>\n<p><b>Time Crunch</b></p>\n<p>Seasoned dealmakers from former Facebook Inc. executive Chamath Palihapitiya to billionaire investor Paul Singer are still taking their time with their latest SPACs, giving themselves two years to find a target. Newcomers are promising to deliver a deal in half that time, with many of the SPACs that unveiled listing plans last week intending to merge with a private company within 12 months.</p>\n<p>The shorter durations are helping these blank-check companies stand out among the more than 300 SPACs waiting to sell shares in New York. A SPAC I Acquisition Corp., led by former Franklin Templeton Investments executive Claudius Tsang, is among the new listing hopefuls. It aims to raise $80 million to buy a company in the technology or e-commerce industry in Asia.</p>\n<p>Neo Technology Acquisition Corp. and Singularity Acquisition Corp., both run by little-known China dealmakers, will also have just a year to find a target. Both can be extended multiple times, each time by three months, if they can’t find a deal within the initial window and their sponsors deposit more funds into a trust account.</p>\n<p><b>Investor Demands</b></p>\n<p>The duration of blank-check companies is going to be a topic that investors will push back on, according to Jennifer Deason, the chairman of Belong Acquisition Corp.</p>\n<p>“It’s the market,” Deason, whose blank-check firm started trading in July, said in an interview. “There are a lot of SPACs out there, and the pendulum swings back and forth in terms of supply and demand.”</p>\n<p>The shorter timespans mean these new blank-check companies have deadlines closer to those of SPACs that are already listed, said Steven Halperin, co-head of capital solutions at investment bank Moelis &amp; Co. The benefit for serial dealmakers, though, is that they may not need too much time to seal a deal.</p>\n<p>“For a repeat issuer, the sponsor will already have the experience and potentially a shortlist of targets required to complete the SPAC lifecycle in a shorter timeframe,” Halperin said.</p>","source":"lsy1584095487587","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 IPOs Show Time Is Money With Speedier Deal Chases</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; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\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 IPOs Show Time Is Money With Speedier Deal Chases\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-08-02 22:48 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/blank-check-ipos-show-time-110000593.html><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>(Bloomberg) -- SPAC bosses are finding they have to speed up their deal hunt if they want to attract investors these days.\nAbout half the blank-check companies that filed for U.S. listings since the ...</p>\n\n<a href=\"https://finance.yahoo.com/news/blank-check-ipos-show-time-110000593.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://finance.yahoo.com/news/blank-check-ipos-show-time-110000593.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1122733391","content_text":"(Bloomberg) -- SPAC bosses are finding they have to speed up their deal hunt if they want to attract investors these days.\nAbout half the blank-check companies that filed for U.S. listings since the start of June are giving themselves an initial period of 18 months or less to find an acquisition target, according to data compiled by SPAC Research. That’s a big change from earlier in the boom, when more than 80% set their duration at a standard 24 months.\nStock buyers are getting more selective as the market for special purpose acquisition companies cools, making it more difficult for lesser-known issuers to raise capital. Hedge funds investing with borrowed money are more willing to bet on an unproven team if they can profit quickly -- or at least get their money back soon if it doesn’t pan out.\n“Pricing IPOs is difficult with so many in the market,” said Nicholas Skibo, a managing partner at Gritstone Asset Management, which invests in SPACs. “So you either have to be a world-class sponsor or you have to provide an incentive.”\nTime Crunch\nSeasoned dealmakers from former Facebook Inc. executive Chamath Palihapitiya to billionaire investor Paul Singer are still taking their time with their latest SPACs, giving themselves two years to find a target. Newcomers are promising to deliver a deal in half that time, with many of the SPACs that unveiled listing plans last week intending to merge with a private company within 12 months.\nThe shorter durations are helping these blank-check companies stand out among the more than 300 SPACs waiting to sell shares in New York. A SPAC I Acquisition Corp., led by former Franklin Templeton Investments executive Claudius Tsang, is among the new listing hopefuls. It aims to raise $80 million to buy a company in the technology or e-commerce industry in Asia.\nNeo Technology Acquisition Corp. and Singularity Acquisition Corp., both run by little-known China dealmakers, will also have just a year to find a target. Both can be extended multiple times, each time by three months, if they can’t find a deal within the initial window and their sponsors deposit more funds into a trust account.\nInvestor Demands\nThe duration of blank-check companies is going to be a topic that investors will push back on, according to Jennifer Deason, the chairman of Belong Acquisition Corp.\n“It’s the market,” Deason, whose blank-check firm started trading in July, said in an interview. “There are a lot of SPACs out there, and the pendulum swings back and forth in terms of supply and demand.”\nThe shorter timespans mean these new blank-check companies have deadlines closer to those of SPACs that are already listed, said Steven Halperin, co-head of capital solutions at investment bank Moelis & Co. The benefit for serial dealmakers, though, is that they may not need too much time to seal a deal.\n“For a repeat issuer, the sponsor will already have the experience and potentially a shortlist of targets required to complete the SPAC lifecycle in a shorter timeframe,” Halperin said.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5406412,"gmtCreate":1627940008213,"gmtModify":1663231837428,"authorId":3571495526057426,"author":{"id":3571495526057426,"authorId":3571495526057426,"name":"jkleiderc","avatar":"https://static.tigerbbs.com/7e040aa6cc25876751fde605e73440b9","vip":1,"crmLevel":4,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":804362859,"type":1,"supId":0,"prevId":0,"content":"j","text":"j","html":"j"}],"langContent":"EN"},{"id":804314499,"gmtCreate":1627922378811,"gmtModify":1703498020819,"author":{"id":"3586426326873853","authorId":"3586426326873853","name":"SherryVJ","avatar":"https://community-static.tradeup.com/news/f6f9cf5ebb84bdad6a0a482c10f819aa","vip":1,"hat":"https://static.tigerbbs.com/b073a07f77dbe6b3bec6b12311fde6bd","crmLevel":4,"crmLevelSwitch":1},"htmlText":"????","listText":"????","text":"????","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/804314499","repostId":1122733391,"repostType":4,"repost":{"id":"1122733391","pubTimestamp":1627915738,"share":"https://www.laohu8.com/m/news/1122733391?lang=&edition=full","pubTime":"2021-08-02 22:48","market":"us","language":"en","title":"SPAC IPOs Show Time Is Money With Speedier Deal Chases","url":"https://stock-news.laohu8.com/highlight/detail?id=1122733391","media":"Bloomberg","summary":"(Bloomberg) -- SPAC bosses are finding they have to speed up their deal hunt if they want to attract","content":"<p>(Bloomberg) -- SPAC bosses are finding they have to speed up their deal hunt if they want to attract investors these days.</p>\n<p>About half the blank-check companies that filed for U.S. listings since the start of June are giving themselves an initial period of 18 months or less to find an acquisition target, according to data compiled by SPAC Research. That’s a big change from earlier in the boom, when more than 80% set their duration at a standard 24 months.</p>\n<p>Stock buyers are getting more selective as the market for special purpose acquisition companies cools, making it more difficult for lesser-known issuers to raise capital. Hedge funds investing with borrowed money are more willing to bet on an unproven team if they can profit quickly -- or at least get their money back soon if it doesn’t pan out.</p>\n<p>“Pricing IPOs is difficult with so many in the market,” said Nicholas Skibo, a managing partner at Gritstone Asset Management, which invests in SPACs. “So you either have to be a world-class sponsor or you have to provide an incentive.”</p>\n<p><b>Time Crunch</b></p>\n<p>Seasoned dealmakers from former Facebook Inc. executive Chamath Palihapitiya to billionaire investor Paul Singer are still taking their time with their latest SPACs, giving themselves two years to find a target. Newcomers are promising to deliver a deal in half that time, with many of the SPACs that unveiled listing plans last week intending to merge with a private company within 12 months.</p>\n<p>The shorter durations are helping these blank-check companies stand out among the more than 300 SPACs waiting to sell shares in New York. A SPAC I Acquisition Corp., led by former Franklin Templeton Investments executive Claudius Tsang, is among the new listing hopefuls. It aims to raise $80 million to buy a company in the technology or e-commerce industry in Asia.</p>\n<p>Neo Technology Acquisition Corp. and Singularity Acquisition Corp., both run by little-known China dealmakers, will also have just a year to find a target. Both can be extended multiple times, each time by three months, if they can’t find a deal within the initial window and their sponsors deposit more funds into a trust account.</p>\n<p><b>Investor Demands</b></p>\n<p>The duration of blank-check companies is going to be a topic that investors will push back on, according to Jennifer Deason, the chairman of Belong Acquisition Corp.</p>\n<p>“It’s the market,” Deason, whose blank-check firm started trading in July, said in an interview. “There are a lot of SPACs out there, and the pendulum swings back and forth in terms of supply and demand.”</p>\n<p>The shorter timespans mean these new blank-check companies have deadlines closer to those of SPACs that are already listed, said Steven Halperin, co-head of capital solutions at investment bank Moelis &amp; Co. The benefit for serial dealmakers, though, is that they may not need too much time to seal a deal.</p>\n<p>“For a repeat issuer, the sponsor will already have the experience and potentially a shortlist of targets required to complete the SPAC lifecycle in a shorter timeframe,” Halperin said.</p>","source":"lsy1584095487587","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 IPOs Show Time Is Money With Speedier Deal Chases</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; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\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 IPOs Show Time Is Money With Speedier Deal Chases\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-08-02 22:48 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/blank-check-ipos-show-time-110000593.html><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>(Bloomberg) -- SPAC bosses are finding they have to speed up their deal hunt if they want to attract investors these days.\nAbout half the blank-check companies that filed for U.S. listings since the ...</p>\n\n<a href=\"https://finance.yahoo.com/news/blank-check-ipos-show-time-110000593.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://finance.yahoo.com/news/blank-check-ipos-show-time-110000593.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1122733391","content_text":"(Bloomberg) -- SPAC bosses are finding they have to speed up their deal hunt if they want to attract investors these days.\nAbout half the blank-check companies that filed for U.S. listings since the start of June are giving themselves an initial period of 18 months or less to find an acquisition target, according to data compiled by SPAC Research. That’s a big change from earlier in the boom, when more than 80% set their duration at a standard 24 months.\nStock buyers are getting more selective as the market for special purpose acquisition companies cools, making it more difficult for lesser-known issuers to raise capital. Hedge funds investing with borrowed money are more willing to bet on an unproven team if they can profit quickly -- or at least get their money back soon if it doesn’t pan out.\n“Pricing IPOs is difficult with so many in the market,” said Nicholas Skibo, a managing partner at Gritstone Asset Management, which invests in SPACs. “So you either have to be a world-class sponsor or you have to provide an incentive.”\nTime Crunch\nSeasoned dealmakers from former Facebook Inc. executive Chamath Palihapitiya to billionaire investor Paul Singer are still taking their time with their latest SPACs, giving themselves two years to find a target. Newcomers are promising to deliver a deal in half that time, with many of the SPACs that unveiled listing plans last week intending to merge with a private company within 12 months.\nThe shorter durations are helping these blank-check companies stand out among the more than 300 SPACs waiting to sell shares in New York. A SPAC I Acquisition Corp., led by former Franklin Templeton Investments executive Claudius Tsang, is among the new listing hopefuls. It aims to raise $80 million to buy a company in the technology or e-commerce industry in Asia.\nNeo Technology Acquisition Corp. and Singularity Acquisition Corp., both run by little-known China dealmakers, will also have just a year to find a target. Both can be extended multiple times, each time by three months, if they can’t find a deal within the initial window and their sponsors deposit more funds into a trust account.\nInvestor Demands\nThe duration of blank-check companies is going to be a topic that investors will push back on, according to Jennifer Deason, the chairman of Belong Acquisition Corp.\n“It’s the market,” Deason, whose blank-check firm started trading in July, said in an interview. “There are a lot of SPACs out there, and the pendulum swings back and forth in terms of supply and demand.”\nThe shorter timespans mean these new blank-check companies have deadlines closer to those of SPACs that are already listed, said Steven Halperin, co-head of capital solutions at investment bank Moelis & Co. The benefit for serial dealmakers, though, is that they may not need too much time to seal a deal.\n“For a repeat issuer, the sponsor will already have the experience and potentially a shortlist of targets required to complete the SPAC lifecycle in a shorter timeframe,” Halperin said.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5406290,"gmtCreate":1627932647710,"gmtModify":1663231838028,"authorId":3572467863337252,"author":{"id":3572467863337252,"authorId":3572467863337252,"name":"Jaywei","avatar":"https://static.tigerbbs.com/beccce245458fd51f01db3fd362d9d9c","vip":1,"currentWearingBadge":{"badgeId":"1026c425416b44e0aac28c11a0848493-2","templateUuid":"1026c425416b44e0aac28c11a0848493","name":"Senior Tiger","description":"Join the tiger community for 1000 days","bigImgUrl":"https://static.tigerbbs.com/0063fb68ea29c9ae6858c58630e182d5","smallImgUrl":"https://static.tigerbbs.com/96c699a93be4214d4b49aea6a5a5d1a4","grayImgUrl":"https://static.tigerbbs.com/35b0e542a9ff77046ed69ef602bc105d","redirectLinkEnabled":0,"hasAllocated":1,"isWearing":1,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2023.09.27","individualDisplayEnabled":0,"individualDisplaySort":0,"categoryType":1001},"crmLevel":7,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":804314499,"type":1,"supId":0,"prevId":0,"content":"Ok","text":"Ok","html":"Ok"}],"langContent":"EN"},{"id":804399204,"gmtCreate":1627919680908,"gmtModify":1703497981689,"author":{"id":"3586426326873853","authorId":"3586426326873853","name":"SherryVJ","avatar":"https://community-static.tradeup.com/news/f6f9cf5ebb84bdad6a0a482c10f819aa","vip":1,"hat":"https://static.tigerbbs.com/b073a07f77dbe6b3bec6b12311fde6bd","crmLevel":4,"crmLevelSwitch":1},"htmlText":"IOP show time&nbsp;","listText":"IOP show time&nbsp;","text":"IOP show time","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/804399204","repostId":1122733391,"repostType":4,"repost":{"id":"1122733391","pubTimestamp":1627915738,"share":"https://www.laohu8.com/m/news/1122733391?lang=&edition=full","pubTime":"2021-08-02 22:48","market":"us","language":"en","title":"SPAC IPOs Show Time Is Money With Speedier Deal Chases","url":"https://stock-news.laohu8.com/highlight/detail?id=1122733391","media":"Bloomberg","summary":"(Bloomberg) -- SPAC bosses are finding they have to speed up their deal hunt if they want to attract","content":"<p>(Bloomberg) -- SPAC bosses are finding they have to speed up their deal hunt if they want to attract investors these days.</p>\n<p>About half the blank-check companies that filed for U.S. listings since the start of June are giving themselves an initial period of 18 months or less to find an acquisition target, according to data compiled by SPAC Research. That’s a big change from earlier in the boom, when more than 80% set their duration at a standard 24 months.</p>\n<p>Stock buyers are getting more selective as the market for special purpose acquisition companies cools, making it more difficult for lesser-known issuers to raise capital. Hedge funds investing with borrowed money are more willing to bet on an unproven team if they can profit quickly -- or at least get their money back soon if it doesn’t pan out.</p>\n<p>“Pricing IPOs is difficult with so many in the market,” said Nicholas Skibo, a managing partner at Gritstone Asset Management, which invests in SPACs. “So you either have to be a world-class sponsor or you have to provide an incentive.”</p>\n<p><b>Time Crunch</b></p>\n<p>Seasoned dealmakers from former Facebook Inc. executive Chamath Palihapitiya to billionaire investor Paul Singer are still taking their time with their latest SPACs, giving themselves two years to find a target. Newcomers are promising to deliver a deal in half that time, with many of the SPACs that unveiled listing plans last week intending to merge with a private company within 12 months.</p>\n<p>The shorter durations are helping these blank-check companies stand out among the more than 300 SPACs waiting to sell shares in New York. A SPAC I Acquisition Corp., led by former Franklin Templeton Investments executive Claudius Tsang, is among the new listing hopefuls. It aims to raise $80 million to buy a company in the technology or e-commerce industry in Asia.</p>\n<p>Neo Technology Acquisition Corp. and Singularity Acquisition Corp., both run by little-known China dealmakers, will also have just a year to find a target. Both can be extended multiple times, each time by three months, if they can’t find a deal within the initial window and their sponsors deposit more funds into a trust account.</p>\n<p><b>Investor Demands</b></p>\n<p>The duration of blank-check companies is going to be a topic that investors will push back on, according to Jennifer Deason, the chairman of Belong Acquisition Corp.</p>\n<p>“It’s the market,” Deason, whose blank-check firm started trading in July, said in an interview. “There are a lot of SPACs out there, and the pendulum swings back and forth in terms of supply and demand.”</p>\n<p>The shorter timespans mean these new blank-check companies have deadlines closer to those of SPACs that are already listed, said Steven Halperin, co-head of capital solutions at investment bank Moelis &amp; Co. The benefit for serial dealmakers, though, is that they may not need too much time to seal a deal.</p>\n<p>“For a repeat issuer, the sponsor will already have the experience and potentially a shortlist of targets required to complete the SPAC lifecycle in a shorter timeframe,” Halperin said.</p>","source":"lsy1584095487587","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 IPOs Show Time Is Money With Speedier Deal Chases</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; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\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 IPOs Show Time Is Money With Speedier Deal Chases\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-08-02 22:48 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/blank-check-ipos-show-time-110000593.html><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>(Bloomberg) -- SPAC bosses are finding they have to speed up their deal hunt if they want to attract investors these days.\nAbout half the blank-check companies that filed for U.S. listings since the ...</p>\n\n<a href=\"https://finance.yahoo.com/news/blank-check-ipos-show-time-110000593.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://finance.yahoo.com/news/blank-check-ipos-show-time-110000593.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1122733391","content_text":"(Bloomberg) -- SPAC bosses are finding they have to speed up their deal hunt if they want to attract investors these days.\nAbout half the blank-check companies that filed for U.S. listings since the start of June are giving themselves an initial period of 18 months or less to find an acquisition target, according to data compiled by SPAC Research. That’s a big change from earlier in the boom, when more than 80% set their duration at a standard 24 months.\nStock buyers are getting more selective as the market for special purpose acquisition companies cools, making it more difficult for lesser-known issuers to raise capital. Hedge funds investing with borrowed money are more willing to bet on an unproven team if they can profit quickly -- or at least get their money back soon if it doesn’t pan out.\n“Pricing IPOs is difficult with so many in the market,” said Nicholas Skibo, a managing partner at Gritstone Asset Management, which invests in SPACs. “So you either have to be a world-class sponsor or you have to provide an incentive.”\nTime Crunch\nSeasoned dealmakers from former Facebook Inc. executive Chamath Palihapitiya to billionaire investor Paul Singer are still taking their time with their latest SPACs, giving themselves two years to find a target. Newcomers are promising to deliver a deal in half that time, with many of the SPACs that unveiled listing plans last week intending to merge with a private company within 12 months.\nThe shorter durations are helping these blank-check companies stand out among the more than 300 SPACs waiting to sell shares in New York. A SPAC I Acquisition Corp., led by former Franklin Templeton Investments executive Claudius Tsang, is among the new listing hopefuls. It aims to raise $80 million to buy a company in the technology or e-commerce industry in Asia.\nNeo Technology Acquisition Corp. and Singularity Acquisition Corp., both run by little-known China dealmakers, will also have just a year to find a target. Both can be extended multiple times, each time by three months, if they can’t find a deal within the initial window and their sponsors deposit more funds into a trust account.\nInvestor Demands\nThe duration of blank-check companies is going to be a topic that investors will push back on, according to Jennifer Deason, the chairman of Belong Acquisition Corp.\n“It’s the market,” Deason, whose blank-check firm started trading in July, said in an interview. “There are a lot of SPACs out there, and the pendulum swings back and forth in terms of supply and demand.”\nThe shorter timespans mean these new blank-check companies have deadlines closer to those of SPACs that are already listed, said Steven Halperin, co-head of capital solutions at investment bank Moelis & Co. The benefit for serial dealmakers, though, is that they may not need too much time to seal a deal.\n“For a repeat issuer, the sponsor will already have the experience and potentially a shortlist of targets required to complete the SPAC lifecycle in a shorter timeframe,” Halperin said.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":804948584,"gmtCreate":1627918123548,"gmtModify":1703497942886,"author":{"id":"3582969710070724","authorId":"3582969710070724","name":"OO_898","avatar":"https://static.tigerbbs.com/9fb3c360d5d7711641a868a144192fc7","vip":1,"crmLevel":4,"crmLevelSwitch":1},"htmlText":"Like&nbsp;","listText":"Like&nbsp;","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/804948584","repostId":1122733391,"repostType":4,"repost":{"id":"1122733391","pubTimestamp":1627915738,"share":"https://www.laohu8.com/m/news/1122733391?lang=&edition=full","pubTime":"2021-08-02 22:48","market":"us","language":"en","title":"SPAC IPOs Show Time Is Money With Speedier Deal Chases","url":"https://stock-news.laohu8.com/highlight/detail?id=1122733391","media":"Bloomberg","summary":"(Bloomberg) -- SPAC bosses are finding they have to speed up their deal hunt if they want to attract","content":"<p>(Bloomberg) -- SPAC bosses are finding they have to speed up their deal hunt if they want to attract investors these days.</p>\n<p>About half the blank-check companies that filed for U.S. listings since the start of June are giving themselves an initial period of 18 months or less to find an acquisition target, according to data compiled by SPAC Research. That’s a big change from earlier in the boom, when more than 80% set their duration at a standard 24 months.</p>\n<p>Stock buyers are getting more selective as the market for special purpose acquisition companies cools, making it more difficult for lesser-known issuers to raise capital. Hedge funds investing with borrowed money are more willing to bet on an unproven team if they can profit quickly -- or at least get their money back soon if it doesn’t pan out.</p>\n<p>“Pricing IPOs is difficult with so many in the market,” said Nicholas Skibo, a managing partner at Gritstone Asset Management, which invests in SPACs. “So you either have to be a world-class sponsor or you have to provide an incentive.”</p>\n<p><b>Time Crunch</b></p>\n<p>Seasoned dealmakers from former Facebook Inc. executive Chamath Palihapitiya to billionaire investor Paul Singer are still taking their time with their latest SPACs, giving themselves two years to find a target. Newcomers are promising to deliver a deal in half that time, with many of the SPACs that unveiled listing plans last week intending to merge with a private company within 12 months.</p>\n<p>The shorter durations are helping these blank-check companies stand out among the more than 300 SPACs waiting to sell shares in New York. A SPAC I Acquisition Corp., led by former Franklin Templeton Investments executive Claudius Tsang, is among the new listing hopefuls. It aims to raise $80 million to buy a company in the technology or e-commerce industry in Asia.</p>\n<p>Neo Technology Acquisition Corp. and Singularity Acquisition Corp., both run by little-known China dealmakers, will also have just a year to find a target. Both can be extended multiple times, each time by three months, if they can’t find a deal within the initial window and their sponsors deposit more funds into a trust account.</p>\n<p><b>Investor Demands</b></p>\n<p>The duration of blank-check companies is going to be a topic that investors will push back on, according to Jennifer Deason, the chairman of Belong Acquisition Corp.</p>\n<p>“It’s the market,” Deason, whose blank-check firm started trading in July, said in an interview. “There are a lot of SPACs out there, and the pendulum swings back and forth in terms of supply and demand.”</p>\n<p>The shorter timespans mean these new blank-check companies have deadlines closer to those of SPACs that are already listed, said Steven Halperin, co-head of capital solutions at investment bank Moelis &amp; Co. The benefit for serial dealmakers, though, is that they may not need too much time to seal a deal.</p>\n<p>“For a repeat issuer, the sponsor will already have the experience and potentially a shortlist of targets required to complete the SPAC lifecycle in a shorter timeframe,” Halperin said.</p>","source":"lsy1584095487587","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 IPOs Show Time Is Money With Speedier Deal Chases</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; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\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 IPOs Show Time Is Money With Speedier Deal Chases\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-08-02 22:48 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/blank-check-ipos-show-time-110000593.html><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>(Bloomberg) -- SPAC bosses are finding they have to speed up their deal hunt if they want to attract investors these days.\nAbout half the blank-check companies that filed for U.S. listings since the ...</p>\n\n<a href=\"https://finance.yahoo.com/news/blank-check-ipos-show-time-110000593.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://finance.yahoo.com/news/blank-check-ipos-show-time-110000593.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1122733391","content_text":"(Bloomberg) -- SPAC bosses are finding they have to speed up their deal hunt if they want to attract investors these days.\nAbout half the blank-check companies that filed for U.S. listings since the start of June are giving themselves an initial period of 18 months or less to find an acquisition target, according to data compiled by SPAC Research. That’s a big change from earlier in the boom, when more than 80% set their duration at a standard 24 months.\nStock buyers are getting more selective as the market for special purpose acquisition companies cools, making it more difficult for lesser-known issuers to raise capital. Hedge funds investing with borrowed money are more willing to bet on an unproven team if they can profit quickly -- or at least get their money back soon if it doesn’t pan out.\n“Pricing IPOs is difficult with so many in the market,” said Nicholas Skibo, a managing partner at Gritstone Asset Management, which invests in SPACs. “So you either have to be a world-class sponsor or you have to provide an incentive.”\nTime Crunch\nSeasoned dealmakers from former Facebook Inc. executive Chamath Palihapitiya to billionaire investor Paul Singer are still taking their time with their latest SPACs, giving themselves two years to find a target. Newcomers are promising to deliver a deal in half that time, with many of the SPACs that unveiled listing plans last week intending to merge with a private company within 12 months.\nThe shorter durations are helping these blank-check companies stand out among the more than 300 SPACs waiting to sell shares in New York. A SPAC I Acquisition Corp., led by former Franklin Templeton Investments executive Claudius Tsang, is among the new listing hopefuls. It aims to raise $80 million to buy a company in the technology or e-commerce industry in Asia.\nNeo Technology Acquisition Corp. and Singularity Acquisition Corp., both run by little-known China dealmakers, will also have just a year to find a target. Both can be extended multiple times, each time by three months, if they can’t find a deal within the initial window and their sponsors deposit more funds into a trust account.\nInvestor Demands\nThe duration of blank-check companies is going to be a topic that investors will push back on, according to Jennifer Deason, the chairman of Belong Acquisition Corp.\n“It’s the market,” Deason, whose blank-check firm started trading in July, said in an interview. “There are a lot of SPACs out there, and the pendulum swings back and forth in terms of supply and demand.”\nThe shorter timespans mean these new blank-check companies have deadlines closer to those of SPACs that are already listed, said Steven Halperin, co-head of capital solutions at investment bank Moelis & Co. The benefit for serial dealmakers, though, is that they may not need too much time to seal a deal.\n“For a repeat issuer, the sponsor will already have the experience and potentially a shortlist of targets required to complete the SPAC lifecycle in a shorter timeframe,” Halperin said.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":804953420,"gmtCreate":1627917524160,"gmtModify":1703497926104,"author":{"id":"3581588474178431","authorId":"3581588474178431","name":"PanaCota","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":2,"crmLevelSwitch":0},"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/804953420","repostId":1122733391,"repostType":4,"repost":{"id":"1122733391","pubTimestamp":1627915738,"share":"https://www.laohu8.com/m/news/1122733391?lang=&edition=full","pubTime":"2021-08-02 22:48","market":"us","language":"en","title":"SPAC IPOs Show Time Is Money With Speedier Deal Chases","url":"https://stock-news.laohu8.com/highlight/detail?id=1122733391","media":"Bloomberg","summary":"(Bloomberg) -- SPAC bosses are finding they have to speed up their deal hunt if they want to attract","content":"<p>(Bloomberg) -- SPAC bosses are finding they have to speed up their deal hunt if they want to attract investors these days.</p>\n<p>About half the blank-check companies that filed for U.S. listings since the start of June are giving themselves an initial period of 18 months or less to find an acquisition target, according to data compiled by SPAC Research. That’s a big change from earlier in the boom, when more than 80% set their duration at a standard 24 months.</p>\n<p>Stock buyers are getting more selective as the market for special purpose acquisition companies cools, making it more difficult for lesser-known issuers to raise capital. Hedge funds investing with borrowed money are more willing to bet on an unproven team if they can profit quickly -- or at least get their money back soon if it doesn’t pan out.</p>\n<p>“Pricing IPOs is difficult with so many in the market,” said Nicholas Skibo, a managing partner at Gritstone Asset Management, which invests in SPACs. “So you either have to be a world-class sponsor or you have to provide an incentive.”</p>\n<p><b>Time Crunch</b></p>\n<p>Seasoned dealmakers from former Facebook Inc. executive Chamath Palihapitiya to billionaire investor Paul Singer are still taking their time with their latest SPACs, giving themselves two years to find a target. Newcomers are promising to deliver a deal in half that time, with many of the SPACs that unveiled listing plans last week intending to merge with a private company within 12 months.</p>\n<p>The shorter durations are helping these blank-check companies stand out among the more than 300 SPACs waiting to sell shares in New York. A SPAC I Acquisition Corp., led by former Franklin Templeton Investments executive Claudius Tsang, is among the new listing hopefuls. It aims to raise $80 million to buy a company in the technology or e-commerce industry in Asia.</p>\n<p>Neo Technology Acquisition Corp. and Singularity Acquisition Corp., both run by little-known China dealmakers, will also have just a year to find a target. Both can be extended multiple times, each time by three months, if they can’t find a deal within the initial window and their sponsors deposit more funds into a trust account.</p>\n<p><b>Investor Demands</b></p>\n<p>The duration of blank-check companies is going to be a topic that investors will push back on, according to Jennifer Deason, the chairman of Belong Acquisition Corp.</p>\n<p>“It’s the market,” Deason, whose blank-check firm started trading in July, said in an interview. “There are a lot of SPACs out there, and the pendulum swings back and forth in terms of supply and demand.”</p>\n<p>The shorter timespans mean these new blank-check companies have deadlines closer to those of SPACs that are already listed, said Steven Halperin, co-head of capital solutions at investment bank Moelis &amp; Co. The benefit for serial dealmakers, though, is that they may not need too much time to seal a deal.</p>\n<p>“For a repeat issuer, the sponsor will already have the experience and potentially a shortlist of targets required to complete the SPAC lifecycle in a shorter timeframe,” Halperin said.</p>","source":"lsy1584095487587","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 IPOs Show Time Is Money With Speedier Deal Chases</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; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\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 IPOs Show Time Is Money With Speedier Deal Chases\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-08-02 22:48 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/blank-check-ipos-show-time-110000593.html><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>(Bloomberg) -- SPAC bosses are finding they have to speed up their deal hunt if they want to attract investors these days.\nAbout half the blank-check companies that filed for U.S. listings since the ...</p>\n\n<a href=\"https://finance.yahoo.com/news/blank-check-ipos-show-time-110000593.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://finance.yahoo.com/news/blank-check-ipos-show-time-110000593.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1122733391","content_text":"(Bloomberg) -- SPAC bosses are finding they have to speed up their deal hunt if they want to attract investors these days.\nAbout half the blank-check companies that filed for U.S. listings since the start of June are giving themselves an initial period of 18 months or less to find an acquisition target, according to data compiled by SPAC Research. That’s a big change from earlier in the boom, when more than 80% set their duration at a standard 24 months.\nStock buyers are getting more selective as the market for special purpose acquisition companies cools, making it more difficult for lesser-known issuers to raise capital. Hedge funds investing with borrowed money are more willing to bet on an unproven team if they can profit quickly -- or at least get their money back soon if it doesn’t pan out.\n“Pricing IPOs is difficult with so many in the market,” said Nicholas Skibo, a managing partner at Gritstone Asset Management, which invests in SPACs. “So you either have to be a world-class sponsor or you have to provide an incentive.”\nTime Crunch\nSeasoned dealmakers from former Facebook Inc. executive Chamath Palihapitiya to billionaire investor Paul Singer are still taking their time with their latest SPACs, giving themselves two years to find a target. Newcomers are promising to deliver a deal in half that time, with many of the SPACs that unveiled listing plans last week intending to merge with a private company within 12 months.\nThe shorter durations are helping these blank-check companies stand out among the more than 300 SPACs waiting to sell shares in New York. A SPAC I Acquisition Corp., led by former Franklin Templeton Investments executive Claudius Tsang, is among the new listing hopefuls. It aims to raise $80 million to buy a company in the technology or e-commerce industry in Asia.\nNeo Technology Acquisition Corp. and Singularity Acquisition Corp., both run by little-known China dealmakers, will also have just a year to find a target. Both can be extended multiple times, each time by three months, if they can’t find a deal within the initial window and their sponsors deposit more funds into a trust account.\nInvestor Demands\nThe duration of blank-check companies is going to be a topic that investors will push back on, according to Jennifer Deason, the chairman of Belong Acquisition Corp.\n“It’s the market,” Deason, whose blank-check firm started trading in July, said in an interview. “There are a lot of SPACs out there, and the pendulum swings back and forth in terms of supply and demand.”\nThe shorter timespans mean these new blank-check companies have deadlines closer to those of SPACs that are already listed, said Steven Halperin, co-head of capital solutions at investment bank Moelis & Co. The benefit for serial dealmakers, though, is that they may not need too much time to seal a deal.\n“For a repeat issuer, the sponsor will already have the experience and potentially a shortlist of targets required to complete the SPAC lifecycle in a shorter timeframe,” Halperin said.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":804924355,"gmtCreate":1627917334177,"gmtModify":1703497918617,"author":{"id":"3582623610923489","authorId":"3582623610923489","name":"Jcbduck","avatar":"https://static.tigerbbs.com/76b312b4fd97df52da46b59506df7179","vip":1,"hat":"https://static.tigerbbs.com/b0a2963eb37c60c5d6d4a8dbcd266952","crmLevel":6,"crmLevelSwitch":1},"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/804924355","repostId":1122733391,"repostType":4,"repost":{"id":"1122733391","pubTimestamp":1627915738,"share":"https://www.laohu8.com/m/news/1122733391?lang=&edition=full","pubTime":"2021-08-02 22:48","market":"us","language":"en","title":"SPAC IPOs Show Time Is Money With Speedier Deal Chases","url":"https://stock-news.laohu8.com/highlight/detail?id=1122733391","media":"Bloomberg","summary":"(Bloomberg) -- SPAC bosses are finding they have to speed up their deal hunt if they want to attract","content":"<p>(Bloomberg) -- SPAC bosses are finding they have to speed up their deal hunt if they want to attract investors these days.</p>\n<p>About half the blank-check companies that filed for U.S. listings since the start of June are giving themselves an initial period of 18 months or less to find an acquisition target, according to data compiled by SPAC Research. That’s a big change from earlier in the boom, when more than 80% set their duration at a standard 24 months.</p>\n<p>Stock buyers are getting more selective as the market for special purpose acquisition companies cools, making it more difficult for lesser-known issuers to raise capital. Hedge funds investing with borrowed money are more willing to bet on an unproven team if they can profit quickly -- or at least get their money back soon if it doesn’t pan out.</p>\n<p>“Pricing IPOs is difficult with so many in the market,” said Nicholas Skibo, a managing partner at Gritstone Asset Management, which invests in SPACs. “So you either have to be a world-class sponsor or you have to provide an incentive.”</p>\n<p><b>Time Crunch</b></p>\n<p>Seasoned dealmakers from former Facebook Inc. executive Chamath Palihapitiya to billionaire investor Paul Singer are still taking their time with their latest SPACs, giving themselves two years to find a target. Newcomers are promising to deliver a deal in half that time, with many of the SPACs that unveiled listing plans last week intending to merge with a private company within 12 months.</p>\n<p>The shorter durations are helping these blank-check companies stand out among the more than 300 SPACs waiting to sell shares in New York. A SPAC I Acquisition Corp., led by former Franklin Templeton Investments executive Claudius Tsang, is among the new listing hopefuls. It aims to raise $80 million to buy a company in the technology or e-commerce industry in Asia.</p>\n<p>Neo Technology Acquisition Corp. and Singularity Acquisition Corp., both run by little-known China dealmakers, will also have just a year to find a target. Both can be extended multiple times, each time by three months, if they can’t find a deal within the initial window and their sponsors deposit more funds into a trust account.</p>\n<p><b>Investor Demands</b></p>\n<p>The duration of blank-check companies is going to be a topic that investors will push back on, according to Jennifer Deason, the chairman of Belong Acquisition Corp.</p>\n<p>“It’s the market,” Deason, whose blank-check firm started trading in July, said in an interview. “There are a lot of SPACs out there, and the pendulum swings back and forth in terms of supply and demand.”</p>\n<p>The shorter timespans mean these new blank-check companies have deadlines closer to those of SPACs that are already listed, said Steven Halperin, co-head of capital solutions at investment bank Moelis &amp; Co. The benefit for serial dealmakers, though, is that they may not need too much time to seal a deal.</p>\n<p>“For a repeat issuer, the sponsor will already have the experience and potentially a shortlist of targets required to complete the SPAC lifecycle in a shorter timeframe,” Halperin said.</p>","source":"lsy1584095487587","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 IPOs Show Time Is Money With Speedier Deal Chases</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; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\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 IPOs Show Time Is Money With Speedier Deal Chases\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-08-02 22:48 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/blank-check-ipos-show-time-110000593.html><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>(Bloomberg) -- SPAC bosses are finding they have to speed up their deal hunt if they want to attract investors these days.\nAbout half the blank-check companies that filed for U.S. listings since the ...</p>\n\n<a href=\"https://finance.yahoo.com/news/blank-check-ipos-show-time-110000593.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://finance.yahoo.com/news/blank-check-ipos-show-time-110000593.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1122733391","content_text":"(Bloomberg) -- SPAC bosses are finding they have to speed up their deal hunt if they want to attract investors these days.\nAbout half the blank-check companies that filed for U.S. listings since the start of June are giving themselves an initial period of 18 months or less to find an acquisition target, according to data compiled by SPAC Research. That’s a big change from earlier in the boom, when more than 80% set their duration at a standard 24 months.\nStock buyers are getting more selective as the market for special purpose acquisition companies cools, making it more difficult for lesser-known issuers to raise capital. Hedge funds investing with borrowed money are more willing to bet on an unproven team if they can profit quickly -- or at least get their money back soon if it doesn’t pan out.\n“Pricing IPOs is difficult with so many in the market,” said Nicholas Skibo, a managing partner at Gritstone Asset Management, which invests in SPACs. “So you either have to be a world-class sponsor or you have to provide an incentive.”\nTime Crunch\nSeasoned dealmakers from former Facebook Inc. executive Chamath Palihapitiya to billionaire investor Paul Singer are still taking their time with their latest SPACs, giving themselves two years to find a target. Newcomers are promising to deliver a deal in half that time, with many of the SPACs that unveiled listing plans last week intending to merge with a private company within 12 months.\nThe shorter durations are helping these blank-check companies stand out among the more than 300 SPACs waiting to sell shares in New York. A SPAC I Acquisition Corp., led by former Franklin Templeton Investments executive Claudius Tsang, is among the new listing hopefuls. It aims to raise $80 million to buy a company in the technology or e-commerce industry in Asia.\nNeo Technology Acquisition Corp. and Singularity Acquisition Corp., both run by little-known China dealmakers, will also have just a year to find a target. Both can be extended multiple times, each time by three months, if they can’t find a deal within the initial window and their sponsors deposit more funds into a trust account.\nInvestor Demands\nThe duration of blank-check companies is going to be a topic that investors will push back on, according to Jennifer Deason, the chairman of Belong Acquisition Corp.\n“It’s the market,” Deason, whose blank-check firm started trading in July, said in an interview. “There are a lot of SPACs out there, and the pendulum swings back and forth in terms of supply and demand.”\nThe shorter timespans mean these new blank-check companies have deadlines closer to those of SPACs that are already listed, said Steven Halperin, co-head of capital solutions at investment bank Moelis & Co. The benefit for serial dealmakers, though, is that they may not need too much time to seal a deal.\n“For a repeat issuer, the sponsor will already have the experience and potentially a shortlist of targets required to complete the SPAC lifecycle in a shorter timeframe,” Halperin said.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":804921017,"gmtCreate":1627917120139,"gmtModify":1703497912034,"author":{"id":"3583871024348347","authorId":"3583871024348347","name":"GM1318","avatar":"https://static.tigerbbs.com/270d5a2d66d36bcb60eb5dae9b2c078e","vip":1,"crmLevel":2,"crmLevelSwitch":0},"htmlText":"Hello","listText":"Hello","text":"Hello","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/804921017","repostId":1122733391,"repostType":4,"repost":{"id":"1122733391","pubTimestamp":1627915738,"share":"https://www.laohu8.com/m/news/1122733391?lang=&edition=full","pubTime":"2021-08-02 22:48","market":"us","language":"en","title":"SPAC IPOs Show Time Is Money With Speedier Deal Chases","url":"https://stock-news.laohu8.com/highlight/detail?id=1122733391","media":"Bloomberg","summary":"(Bloomberg) -- SPAC bosses are finding they have to speed up their deal hunt if they want to attract","content":"<p>(Bloomberg) -- SPAC bosses are finding they have to speed up their deal hunt if they want to attract investors these days.</p>\n<p>About half the blank-check companies that filed for U.S. listings since the start of June are giving themselves an initial period of 18 months or less to find an acquisition target, according to data compiled by SPAC Research. That’s a big change from earlier in the boom, when more than 80% set their duration at a standard 24 months.</p>\n<p>Stock buyers are getting more selective as the market for special purpose acquisition companies cools, making it more difficult for lesser-known issuers to raise capital. Hedge funds investing with borrowed money are more willing to bet on an unproven team if they can profit quickly -- or at least get their money back soon if it doesn’t pan out.</p>\n<p>“Pricing IPOs is difficult with so many in the market,” said Nicholas Skibo, a managing partner at Gritstone Asset Management, which invests in SPACs. “So you either have to be a world-class sponsor or you have to provide an incentive.”</p>\n<p><b>Time Crunch</b></p>\n<p>Seasoned dealmakers from former Facebook Inc. executive Chamath Palihapitiya to billionaire investor Paul Singer are still taking their time with their latest SPACs, giving themselves two years to find a target. Newcomers are promising to deliver a deal in half that time, with many of the SPACs that unveiled listing plans last week intending to merge with a private company within 12 months.</p>\n<p>The shorter durations are helping these blank-check companies stand out among the more than 300 SPACs waiting to sell shares in New York. A SPAC I Acquisition Corp., led by former Franklin Templeton Investments executive Claudius Tsang, is among the new listing hopefuls. It aims to raise $80 million to buy a company in the technology or e-commerce industry in Asia.</p>\n<p>Neo Technology Acquisition Corp. and Singularity Acquisition Corp., both run by little-known China dealmakers, will also have just a year to find a target. Both can be extended multiple times, each time by three months, if they can’t find a deal within the initial window and their sponsors deposit more funds into a trust account.</p>\n<p><b>Investor Demands</b></p>\n<p>The duration of blank-check companies is going to be a topic that investors will push back on, according to Jennifer Deason, the chairman of Belong Acquisition Corp.</p>\n<p>“It’s the market,” Deason, whose blank-check firm started trading in July, said in an interview. “There are a lot of SPACs out there, and the pendulum swings back and forth in terms of supply and demand.”</p>\n<p>The shorter timespans mean these new blank-check companies have deadlines closer to those of SPACs that are already listed, said Steven Halperin, co-head of capital solutions at investment bank Moelis &amp; Co. The benefit for serial dealmakers, though, is that they may not need too much time to seal a deal.</p>\n<p>“For a repeat issuer, the sponsor will already have the experience and potentially a shortlist of targets required to complete the SPAC lifecycle in a shorter timeframe,” Halperin said.</p>","source":"lsy1584095487587","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 IPOs Show Time Is Money With Speedier Deal Chases</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; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\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 IPOs Show Time Is Money With Speedier Deal Chases\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-08-02 22:48 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/blank-check-ipos-show-time-110000593.html><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>(Bloomberg) -- SPAC bosses are finding they have to speed up their deal hunt if they want to attract investors these days.\nAbout half the blank-check companies that filed for U.S. listings since the ...</p>\n\n<a href=\"https://finance.yahoo.com/news/blank-check-ipos-show-time-110000593.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://finance.yahoo.com/news/blank-check-ipos-show-time-110000593.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1122733391","content_text":"(Bloomberg) -- SPAC bosses are finding they have to speed up their deal hunt if they want to attract investors these days.\nAbout half the blank-check companies that filed for U.S. listings since the start of June are giving themselves an initial period of 18 months or less to find an acquisition target, according to data compiled by SPAC Research. That’s a big change from earlier in the boom, when more than 80% set their duration at a standard 24 months.\nStock buyers are getting more selective as the market for special purpose acquisition companies cools, making it more difficult for lesser-known issuers to raise capital. Hedge funds investing with borrowed money are more willing to bet on an unproven team if they can profit quickly -- or at least get their money back soon if it doesn’t pan out.\n“Pricing IPOs is difficult with so many in the market,” said Nicholas Skibo, a managing partner at Gritstone Asset Management, which invests in SPACs. “So you either have to be a world-class sponsor or you have to provide an incentive.”\nTime Crunch\nSeasoned dealmakers from former Facebook Inc. executive Chamath Palihapitiya to billionaire investor Paul Singer are still taking their time with their latest SPACs, giving themselves two years to find a target. Newcomers are promising to deliver a deal in half that time, with many of the SPACs that unveiled listing plans last week intending to merge with a private company within 12 months.\nThe shorter durations are helping these blank-check companies stand out among the more than 300 SPACs waiting to sell shares in New York. A SPAC I Acquisition Corp., led by former Franklin Templeton Investments executive Claudius Tsang, is among the new listing hopefuls. It aims to raise $80 million to buy a company in the technology or e-commerce industry in Asia.\nNeo Technology Acquisition Corp. and Singularity Acquisition Corp., both run by little-known China dealmakers, will also have just a year to find a target. Both can be extended multiple times, each time by three months, if they can’t find a deal within the initial window and their sponsors deposit more funds into a trust account.\nInvestor Demands\nThe duration of blank-check companies is going to be a topic that investors will push back on, according to Jennifer Deason, the chairman of Belong Acquisition Corp.\n“It’s the market,” Deason, whose blank-check firm started trading in July, said in an interview. “There are a lot of SPACs out there, and the pendulum swings back and forth in terms of supply and demand.”\nThe shorter timespans mean these new blank-check companies have deadlines closer to those of SPACs that are already listed, said Steven Halperin, co-head of capital solutions at investment bank Moelis & Co. The benefit for serial dealmakers, though, is that they may not need too much time to seal a deal.\n“For a repeat issuer, the sponsor will already have the experience and potentially a shortlist of targets required to complete the SPAC lifecycle in a shorter timeframe,” Halperin said.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5405224,"gmtCreate":1627917132148,"gmtModify":1663231834351,"authorId":3583871024348347,"author":{"id":3583871024348347,"authorId":3583871024348347,"name":"GM1318","avatar":"https://static.tigerbbs.com/270d5a2d66d36bcb60eb5dae9b2c078e","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":804921017,"type":1,"supId":0,"prevId":0,"content":"Hi","text":"Hi","html":"Hi"}],"langContent":"EN"},{"id":804968884,"gmtCreate":1627916730648,"gmtModify":1703497898603,"author":{"id":"3582162167824089","authorId":"3582162167824089","name":"superdog","avatar":"https://static.tigerbbs.com/c8e062396dbbe52dff9355f0ef3d100e","vip":1,"crmLevel":2,"crmLevelSwitch":0},"htmlText":"Like and comment pls&nbsp;","listText":"Like and comment pls&nbsp;","text":"Like and comment pls","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/804968884","repostId":1122733391,"repostType":4,"repost":{"id":"1122733391","pubTimestamp":1627915738,"share":"https://www.laohu8.com/m/news/1122733391?lang=&edition=full","pubTime":"2021-08-02 22:48","market":"us","language":"en","title":"SPAC IPOs Show Time Is Money With Speedier Deal Chases","url":"https://stock-news.laohu8.com/highlight/detail?id=1122733391","media":"Bloomberg","summary":"(Bloomberg) -- SPAC bosses are finding they have to speed up their deal hunt if they want to attract","content":"<p>(Bloomberg) -- SPAC bosses are finding they have to speed up their deal hunt if they want to attract investors these days.</p>\n<p>About half the blank-check companies that filed for U.S. listings since the start of June are giving themselves an initial period of 18 months or less to find an acquisition target, according to data compiled by SPAC Research. That’s a big change from earlier in the boom, when more than 80% set their duration at a standard 24 months.</p>\n<p>Stock buyers are getting more selective as the market for special purpose acquisition companies cools, making it more difficult for lesser-known issuers to raise capital. Hedge funds investing with borrowed money are more willing to bet on an unproven team if they can profit quickly -- or at least get their money back soon if it doesn’t pan out.</p>\n<p>“Pricing IPOs is difficult with so many in the market,” said Nicholas Skibo, a managing partner at Gritstone Asset Management, which invests in SPACs. “So you either have to be a world-class sponsor or you have to provide an incentive.”</p>\n<p><b>Time Crunch</b></p>\n<p>Seasoned dealmakers from former Facebook Inc. executive Chamath Palihapitiya to billionaire investor Paul Singer are still taking their time with their latest SPACs, giving themselves two years to find a target. Newcomers are promising to deliver a deal in half that time, with many of the SPACs that unveiled listing plans last week intending to merge with a private company within 12 months.</p>\n<p>The shorter durations are helping these blank-check companies stand out among the more than 300 SPACs waiting to sell shares in New York. A SPAC I Acquisition Corp., led by former Franklin Templeton Investments executive Claudius Tsang, is among the new listing hopefuls. It aims to raise $80 million to buy a company in the technology or e-commerce industry in Asia.</p>\n<p>Neo Technology Acquisition Corp. and Singularity Acquisition Corp., both run by little-known China dealmakers, will also have just a year to find a target. Both can be extended multiple times, each time by three months, if they can’t find a deal within the initial window and their sponsors deposit more funds into a trust account.</p>\n<p><b>Investor Demands</b></p>\n<p>The duration of blank-check companies is going to be a topic that investors will push back on, according to Jennifer Deason, the chairman of Belong Acquisition Corp.</p>\n<p>“It’s the market,” Deason, whose blank-check firm started trading in July, said in an interview. “There are a lot of SPACs out there, and the pendulum swings back and forth in terms of supply and demand.”</p>\n<p>The shorter timespans mean these new blank-check companies have deadlines closer to those of SPACs that are already listed, said Steven Halperin, co-head of capital solutions at investment bank Moelis &amp; Co. The benefit for serial dealmakers, though, is that they may not need too much time to seal a deal.</p>\n<p>“For a repeat issuer, the sponsor will already have the experience and potentially a shortlist of targets required to complete the SPAC lifecycle in a shorter timeframe,” Halperin said.</p>","source":"lsy1584095487587","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 IPOs Show Time Is Money With Speedier Deal Chases</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; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\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 IPOs Show Time Is Money With Speedier Deal Chases\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-08-02 22:48 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/blank-check-ipos-show-time-110000593.html><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>(Bloomberg) -- SPAC bosses are finding they have to speed up their deal hunt if they want to attract investors these days.\nAbout half the blank-check companies that filed for U.S. listings since the ...</p>\n\n<a href=\"https://finance.yahoo.com/news/blank-check-ipos-show-time-110000593.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://finance.yahoo.com/news/blank-check-ipos-show-time-110000593.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1122733391","content_text":"(Bloomberg) -- SPAC bosses are finding they have to speed up their deal hunt if they want to attract investors these days.\nAbout half the blank-check companies that filed for U.S. listings since the start of June are giving themselves an initial period of 18 months or less to find an acquisition target, according to data compiled by SPAC Research. That’s a big change from earlier in the boom, when more than 80% set their duration at a standard 24 months.\nStock buyers are getting more selective as the market for special purpose acquisition companies cools, making it more difficult for lesser-known issuers to raise capital. Hedge funds investing with borrowed money are more willing to bet on an unproven team if they can profit quickly -- or at least get their money back soon if it doesn’t pan out.\n“Pricing IPOs is difficult with so many in the market,” said Nicholas Skibo, a managing partner at Gritstone Asset Management, which invests in SPACs. “So you either have to be a world-class sponsor or you have to provide an incentive.”\nTime Crunch\nSeasoned dealmakers from former Facebook Inc. executive Chamath Palihapitiya to billionaire investor Paul Singer are still taking their time with their latest SPACs, giving themselves two years to find a target. Newcomers are promising to deliver a deal in half that time, with many of the SPACs that unveiled listing plans last week intending to merge with a private company within 12 months.\nThe shorter durations are helping these blank-check companies stand out among the more than 300 SPACs waiting to sell shares in New York. A SPAC I Acquisition Corp., led by former Franklin Templeton Investments executive Claudius Tsang, is among the new listing hopefuls. It aims to raise $80 million to buy a company in the technology or e-commerce industry in Asia.\nNeo Technology Acquisition Corp. and Singularity Acquisition Corp., both run by little-known China dealmakers, will also have just a year to find a target. Both can be extended multiple times, each time by three months, if they can’t find a deal within the initial window and their sponsors deposit more funds into a trust account.\nInvestor Demands\nThe duration of blank-check companies is going to be a topic that investors will push back on, according to Jennifer Deason, the chairman of Belong Acquisition Corp.\n“It’s the market,” Deason, whose blank-check firm started trading in July, said in an interview. “There are a lot of SPACs out there, and the pendulum swings back and forth in terms of supply and demand.”\nThe shorter timespans mean these new blank-check companies have deadlines closer to those of SPACs that are already listed, said Steven Halperin, co-head of capital solutions at investment bank Moelis & Co. The benefit for serial dealmakers, though, is that they may not need too much time to seal a deal.\n“For a repeat issuer, the sponsor will already have the experience and potentially a shortlist of targets required to complete the SPAC lifecycle in a shorter timeframe,” Halperin said.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5406291,"gmtCreate":1627932655815,"gmtModify":1663231837742,"authorId":3572467863337252,"author":{"id":3572467863337252,"authorId":3572467863337252,"name":"Jaywei","avatar":"https://static.tigerbbs.com/beccce245458fd51f01db3fd362d9d9c","vip":1,"currentWearingBadge":{"badgeId":"1026c425416b44e0aac28c11a0848493-2","templateUuid":"1026c425416b44e0aac28c11a0848493","name":"Senior Tiger","description":"Join the tiger community for 1000 days","bigImgUrl":"https://static.tigerbbs.com/0063fb68ea29c9ae6858c58630e182d5","smallImgUrl":"https://static.tigerbbs.com/96c699a93be4214d4b49aea6a5a5d1a4","grayImgUrl":"https://static.tigerbbs.com/35b0e542a9ff77046ed69ef602bc105d","redirectLinkEnabled":0,"hasAllocated":1,"isWearing":1,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2023.09.27","individualDisplayEnabled":0,"individualDisplaySort":0,"categoryType":1001},"crmLevel":7,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":804968884,"type":1,"supId":0,"prevId":0,"content":"Ok","text":"Ok","html":"Ok"},{"id":5405407,"gmtCreate":1627918022278,"gmtModify":1663231833530,"authorId":3572770726668540,"author":{"id":3572770726668540,"authorId":3572770726668540,"name":"Blackk","avatar":"https://static.tigerbbs.com/93d9bfa23cdea8af3308e34dedf35d9e","vip":1,"crmLevel":5,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":804968884,"type":1,"supId":0,"prevId":0,"content":"Ok","text":"Ok","html":"Ok"}],"langContent":"EN"},{"id":804968969,"gmtCreate":1627916722151,"gmtModify":1703497898277,"author":{"id":"3582789465327658","authorId":"3582789465327658","name":"YewKhoon","avatar":"https://static.tigerbbs.com/6242857b5af4d220ef956ac7f3f119a2","vip":1,"crmLevel":2,"crmLevelSwitch":0},"htmlText":"Like pls&nbsp;","listText":"Like pls&nbsp;","text":"Like pls","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/804968969","repostId":1122733391,"repostType":4,"repost":{"id":"1122733391","pubTimestamp":1627915738,"share":"https://www.laohu8.com/m/news/1122733391?lang=&edition=full","pubTime":"2021-08-02 22:48","market":"us","language":"en","title":"SPAC IPOs Show Time Is Money With Speedier Deal Chases","url":"https://stock-news.laohu8.com/highlight/detail?id=1122733391","media":"Bloomberg","summary":"(Bloomberg) -- SPAC bosses are finding they have to speed up their deal hunt if they want to attract","content":"<p>(Bloomberg) -- SPAC bosses are finding they have to speed up their deal hunt if they want to attract investors these days.</p>\n<p>About half the blank-check companies that filed for U.S. listings since the start of June are giving themselves an initial period of 18 months or less to find an acquisition target, according to data compiled by SPAC Research. That’s a big change from earlier in the boom, when more than 80% set their duration at a standard 24 months.</p>\n<p>Stock buyers are getting more selective as the market for special purpose acquisition companies cools, making it more difficult for lesser-known issuers to raise capital. Hedge funds investing with borrowed money are more willing to bet on an unproven team if they can profit quickly -- or at least get their money back soon if it doesn’t pan out.</p>\n<p>“Pricing IPOs is difficult with so many in the market,” said Nicholas Skibo, a managing partner at Gritstone Asset Management, which invests in SPACs. “So you either have to be a world-class sponsor or you have to provide an incentive.”</p>\n<p><b>Time Crunch</b></p>\n<p>Seasoned dealmakers from former Facebook Inc. executive Chamath Palihapitiya to billionaire investor Paul Singer are still taking their time with their latest SPACs, giving themselves two years to find a target. Newcomers are promising to deliver a deal in half that time, with many of the SPACs that unveiled listing plans last week intending to merge with a private company within 12 months.</p>\n<p>The shorter durations are helping these blank-check companies stand out among the more than 300 SPACs waiting to sell shares in New York. A SPAC I Acquisition Corp., led by former Franklin Templeton Investments executive Claudius Tsang, is among the new listing hopefuls. It aims to raise $80 million to buy a company in the technology or e-commerce industry in Asia.</p>\n<p>Neo Technology Acquisition Corp. and Singularity Acquisition Corp., both run by little-known China dealmakers, will also have just a year to find a target. Both can be extended multiple times, each time by three months, if they can’t find a deal within the initial window and their sponsors deposit more funds into a trust account.</p>\n<p><b>Investor Demands</b></p>\n<p>The duration of blank-check companies is going to be a topic that investors will push back on, according to Jennifer Deason, the chairman of Belong Acquisition Corp.</p>\n<p>“It’s the market,” Deason, whose blank-check firm started trading in July, said in an interview. “There are a lot of SPACs out there, and the pendulum swings back and forth in terms of supply and demand.”</p>\n<p>The shorter timespans mean these new blank-check companies have deadlines closer to those of SPACs that are already listed, said Steven Halperin, co-head of capital solutions at investment bank Moelis &amp; Co. The benefit for serial dealmakers, though, is that they may not need too much time to seal a deal.</p>\n<p>“For a repeat issuer, the sponsor will already have the experience and potentially a shortlist of targets required to complete the SPAC lifecycle in a shorter timeframe,” Halperin said.</p>","source":"lsy1584095487587","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 IPOs Show Time Is Money With Speedier Deal Chases</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; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\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 IPOs Show Time Is Money With Speedier Deal Chases\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-08-02 22:48 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/blank-check-ipos-show-time-110000593.html><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>(Bloomberg) -- SPAC bosses are finding they have to speed up their deal hunt if they want to attract investors these days.\nAbout half the blank-check companies that filed for U.S. listings since the ...</p>\n\n<a href=\"https://finance.yahoo.com/news/blank-check-ipos-show-time-110000593.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://finance.yahoo.com/news/blank-check-ipos-show-time-110000593.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1122733391","content_text":"(Bloomberg) -- SPAC bosses are finding they have to speed up their deal hunt if they want to attract investors these days.\nAbout half the blank-check companies that filed for U.S. listings since the start of June are giving themselves an initial period of 18 months or less to find an acquisition target, according to data compiled by SPAC Research. That’s a big change from earlier in the boom, when more than 80% set their duration at a standard 24 months.\nStock buyers are getting more selective as the market for special purpose acquisition companies cools, making it more difficult for lesser-known issuers to raise capital. Hedge funds investing with borrowed money are more willing to bet on an unproven team if they can profit quickly -- or at least get their money back soon if it doesn’t pan out.\n“Pricing IPOs is difficult with so many in the market,” said Nicholas Skibo, a managing partner at Gritstone Asset Management, which invests in SPACs. “So you either have to be a world-class sponsor or you have to provide an incentive.”\nTime Crunch\nSeasoned dealmakers from former Facebook Inc. executive Chamath Palihapitiya to billionaire investor Paul Singer are still taking their time with their latest SPACs, giving themselves two years to find a target. Newcomers are promising to deliver a deal in half that time, with many of the SPACs that unveiled listing plans last week intending to merge with a private company within 12 months.\nThe shorter durations are helping these blank-check companies stand out among the more than 300 SPACs waiting to sell shares in New York. A SPAC I Acquisition Corp., led by former Franklin Templeton Investments executive Claudius Tsang, is among the new listing hopefuls. It aims to raise $80 million to buy a company in the technology or e-commerce industry in Asia.\nNeo Technology Acquisition Corp. and Singularity Acquisition Corp., both run by little-known China dealmakers, will also have just a year to find a target. Both can be extended multiple times, each time by three months, if they can’t find a deal within the initial window and their sponsors deposit more funds into a trust account.\nInvestor Demands\nThe duration of blank-check companies is going to be a topic that investors will push back on, according to Jennifer Deason, the chairman of Belong Acquisition Corp.\n“It’s the market,” Deason, whose blank-check firm started trading in July, said in an interview. “There are a lot of SPACs out there, and the pendulum swings back and forth in terms of supply and demand.”\nThe shorter timespans mean these new blank-check companies have deadlines closer to those of SPACs that are already listed, said Steven Halperin, co-head of capital solutions at investment bank Moelis & Co. The benefit for serial dealmakers, though, is that they may not need too much time to seal a deal.\n“For a repeat issuer, the sponsor will already have the experience and potentially a shortlist of targets required to complete the SPAC lifecycle in a shorter timeframe,” Halperin said.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5405217,"gmtCreate":1627917107620,"gmtModify":1663231834349,"authorId":3583871024348347,"author":{"id":3583871024348347,"authorId":3583871024348347,"name":"GM1318","avatar":"https://static.tigerbbs.com/270d5a2d66d36bcb60eb5dae9b2c078e","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":804968969,"type":1,"supId":0,"prevId":0,"content":"Gd","text":"Gd","html":"Gd"}],"langContent":"EN"},{"id":804961662,"gmtCreate":1627916664656,"gmtModify":1703497897465,"author":{"id":"3583241719564784","authorId":"3583241719564784","name":"alex alexalex","avatar":"https://community-static.tradeup.com/news/70b9686e00805fd5dc432e73e65c8f37","vip":1,"crmLevel":2,"crmLevelSwitch":0},"htmlText":"[开心]&nbsp;","listText":"[开心]&nbsp;","text":"[开心]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/804961662","repostId":1122733391,"repostType":4,"repost":{"id":"1122733391","pubTimestamp":1627915738,"share":"https://www.laohu8.com/m/news/1122733391?lang=&edition=full","pubTime":"2021-08-02 22:48","market":"us","language":"en","title":"SPAC IPOs Show Time Is Money With Speedier Deal Chases","url":"https://stock-news.laohu8.com/highlight/detail?id=1122733391","media":"Bloomberg","summary":"(Bloomberg) -- SPAC bosses are finding they have to speed up their deal hunt if they want to attract","content":"<p>(Bloomberg) -- SPAC bosses are finding they have to speed up their deal hunt if they want to attract investors these days.</p>\n<p>About half the blank-check companies that filed for U.S. listings since the start of June are giving themselves an initial period of 18 months or less to find an acquisition target, according to data compiled by SPAC Research. That’s a big change from earlier in the boom, when more than 80% set their duration at a standard 24 months.</p>\n<p>Stock buyers are getting more selective as the market for special purpose acquisition companies cools, making it more difficult for lesser-known issuers to raise capital. Hedge funds investing with borrowed money are more willing to bet on an unproven team if they can profit quickly -- or at least get their money back soon if it doesn’t pan out.</p>\n<p>“Pricing IPOs is difficult with so many in the market,” said Nicholas Skibo, a managing partner at Gritstone Asset Management, which invests in SPACs. “So you either have to be a world-class sponsor or you have to provide an incentive.”</p>\n<p><b>Time Crunch</b></p>\n<p>Seasoned dealmakers from former Facebook Inc. executive Chamath Palihapitiya to billionaire investor Paul Singer are still taking their time with their latest SPACs, giving themselves two years to find a target. Newcomers are promising to deliver a deal in half that time, with many of the SPACs that unveiled listing plans last week intending to merge with a private company within 12 months.</p>\n<p>The shorter durations are helping these blank-check companies stand out among the more than 300 SPACs waiting to sell shares in New York. A SPAC I Acquisition Corp., led by former Franklin Templeton Investments executive Claudius Tsang, is among the new listing hopefuls. It aims to raise $80 million to buy a company in the technology or e-commerce industry in Asia.</p>\n<p>Neo Technology Acquisition Corp. and Singularity Acquisition Corp., both run by little-known China dealmakers, will also have just a year to find a target. Both can be extended multiple times, each time by three months, if they can’t find a deal within the initial window and their sponsors deposit more funds into a trust account.</p>\n<p><b>Investor Demands</b></p>\n<p>The duration of blank-check companies is going to be a topic that investors will push back on, according to Jennifer Deason, the chairman of Belong Acquisition Corp.</p>\n<p>“It’s the market,” Deason, whose blank-check firm started trading in July, said in an interview. “There are a lot of SPACs out there, and the pendulum swings back and forth in terms of supply and demand.”</p>\n<p>The shorter timespans mean these new blank-check companies have deadlines closer to those of SPACs that are already listed, said Steven Halperin, co-head of capital solutions at investment bank Moelis &amp; Co. The benefit for serial dealmakers, though, is that they may not need too much time to seal a deal.</p>\n<p>“For a repeat issuer, the sponsor will already have the experience and potentially a shortlist of targets required to complete the SPAC lifecycle in a shorter timeframe,” Halperin said.</p>","source":"lsy1584095487587","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 IPOs Show Time Is Money With Speedier Deal Chases</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; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\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 IPOs Show Time Is Money With Speedier Deal Chases\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-08-02 22:48 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/blank-check-ipos-show-time-110000593.html><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>(Bloomberg) -- SPAC bosses are finding they have to speed up their deal hunt if they want to attract investors these days.\nAbout half the blank-check companies that filed for U.S. listings since the ...</p>\n\n<a href=\"https://finance.yahoo.com/news/blank-check-ipos-show-time-110000593.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://finance.yahoo.com/news/blank-check-ipos-show-time-110000593.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1122733391","content_text":"(Bloomberg) -- SPAC bosses are finding they have to speed up their deal hunt if they want to attract investors these days.\nAbout half the blank-check companies that filed for U.S. listings since the start of June are giving themselves an initial period of 18 months or less to find an acquisition target, according to data compiled by SPAC Research. That’s a big change from earlier in the boom, when more than 80% set their duration at a standard 24 months.\nStock buyers are getting more selective as the market for special purpose acquisition companies cools, making it more difficult for lesser-known issuers to raise capital. Hedge funds investing with borrowed money are more willing to bet on an unproven team if they can profit quickly -- or at least get their money back soon if it doesn’t pan out.\n“Pricing IPOs is difficult with so many in the market,” said Nicholas Skibo, a managing partner at Gritstone Asset Management, which invests in SPACs. “So you either have to be a world-class sponsor or you have to provide an incentive.”\nTime Crunch\nSeasoned dealmakers from former Facebook Inc. executive Chamath Palihapitiya to billionaire investor Paul Singer are still taking their time with their latest SPACs, giving themselves two years to find a target. Newcomers are promising to deliver a deal in half that time, with many of the SPACs that unveiled listing plans last week intending to merge with a private company within 12 months.\nThe shorter durations are helping these blank-check companies stand out among the more than 300 SPACs waiting to sell shares in New York. A SPAC I Acquisition Corp., led by former Franklin Templeton Investments executive Claudius Tsang, is among the new listing hopefuls. It aims to raise $80 million to buy a company in the technology or e-commerce industry in Asia.\nNeo Technology Acquisition Corp. and Singularity Acquisition Corp., both run by little-known China dealmakers, will also have just a year to find a target. Both can be extended multiple times, each time by three months, if they can’t find a deal within the initial window and their sponsors deposit more funds into a trust account.\nInvestor Demands\nThe duration of blank-check companies is going to be a topic that investors will push back on, according to Jennifer Deason, the chairman of Belong Acquisition Corp.\n“It’s the market,” Deason, whose blank-check firm started trading in July, said in an interview. “There are a lot of SPACs out there, and the pendulum swings back and forth in terms of supply and demand.”\nThe shorter timespans mean these new blank-check companies have deadlines closer to those of SPACs that are already listed, said Steven Halperin, co-head of capital solutions at investment bank Moelis & Co. The benefit for serial dealmakers, though, is that they may not need too much time to seal a deal.\n“For a repeat issuer, the sponsor will already have the experience and potentially a shortlist of targets required to complete the SPAC lifecycle in a shorter timeframe,” Halperin said.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5405140,"gmtCreate":1627916676167,"gmtModify":1663231830171,"authorId":3583241719564784,"author":{"id":3583241719564784,"authorId":3583241719564784,"name":"alex alexalex","avatar":"https://community-static.tradeup.com/news/70b9686e00805fd5dc432e73e65c8f37","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":804961662,"type":1,"supId":0,"prevId":0,"content":"<u>b</u>","text":"<u>b</u>","html":"<u>b</u>"}],"langContent":"CN"},{"id":804963425,"gmtCreate":1627916619067,"gmtModify":1703497895988,"author":{"id":"3570864790458781","authorId":"3570864790458781","name":"Yeong","avatar":"https://static.tigerbbs.com/93092185d223c6e53fcfd64303836612","vip":1,"crmLevel":2,"crmLevelSwitch":1},"htmlText":"Y","listText":"Y","text":"Y","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/804963425","repostId":1122733391,"repostType":4,"repost":{"id":"1122733391","pubTimestamp":1627915738,"share":"https://www.laohu8.com/m/news/1122733391?lang=&edition=full","pubTime":"2021-08-02 22:48","market":"us","language":"en","title":"SPAC IPOs Show Time Is Money With Speedier Deal Chases","url":"https://stock-news.laohu8.com/highlight/detail?id=1122733391","media":"Bloomberg","summary":"(Bloomberg) -- SPAC bosses are finding they have to speed up their deal hunt if they want to attract","content":"<p>(Bloomberg) -- SPAC bosses are finding they have to speed up their deal hunt if they want to attract investors these days.</p>\n<p>About half the blank-check companies that filed for U.S. listings since the start of June are giving themselves an initial period of 18 months or less to find an acquisition target, according to data compiled by SPAC Research. That’s a big change from earlier in the boom, when more than 80% set their duration at a standard 24 months.</p>\n<p>Stock buyers are getting more selective as the market for special purpose acquisition companies cools, making it more difficult for lesser-known issuers to raise capital. Hedge funds investing with borrowed money are more willing to bet on an unproven team if they can profit quickly -- or at least get their money back soon if it doesn’t pan out.</p>\n<p>“Pricing IPOs is difficult with so many in the market,” said Nicholas Skibo, a managing partner at Gritstone Asset Management, which invests in SPACs. “So you either have to be a world-class sponsor or you have to provide an incentive.”</p>\n<p><b>Time Crunch</b></p>\n<p>Seasoned dealmakers from former Facebook Inc. executive Chamath Palihapitiya to billionaire investor Paul Singer are still taking their time with their latest SPACs, giving themselves two years to find a target. Newcomers are promising to deliver a deal in half that time, with many of the SPACs that unveiled listing plans last week intending to merge with a private company within 12 months.</p>\n<p>The shorter durations are helping these blank-check companies stand out among the more than 300 SPACs waiting to sell shares in New York. A SPAC I Acquisition Corp., led by former Franklin Templeton Investments executive Claudius Tsang, is among the new listing hopefuls. It aims to raise $80 million to buy a company in the technology or e-commerce industry in Asia.</p>\n<p>Neo Technology Acquisition Corp. and Singularity Acquisition Corp., both run by little-known China dealmakers, will also have just a year to find a target. Both can be extended multiple times, each time by three months, if they can’t find a deal within the initial window and their sponsors deposit more funds into a trust account.</p>\n<p><b>Investor Demands</b></p>\n<p>The duration of blank-check companies is going to be a topic that investors will push back on, according to Jennifer Deason, the chairman of Belong Acquisition Corp.</p>\n<p>“It’s the market,” Deason, whose blank-check firm started trading in July, said in an interview. “There are a lot of SPACs out there, and the pendulum swings back and forth in terms of supply and demand.”</p>\n<p>The shorter timespans mean these new blank-check companies have deadlines closer to those of SPACs that are already listed, said Steven Halperin, co-head of capital solutions at investment bank Moelis &amp; Co. The benefit for serial dealmakers, though, is that they may not need too much time to seal a deal.</p>\n<p>“For a repeat issuer, the sponsor will already have the experience and potentially a shortlist of targets required to complete the SPAC lifecycle in a shorter timeframe,” Halperin said.</p>","source":"lsy1584095487587","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 IPOs Show Time Is Money With Speedier Deal Chases</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; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\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 IPOs Show Time Is Money With Speedier Deal Chases\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-08-02 22:48 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/blank-check-ipos-show-time-110000593.html><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>(Bloomberg) -- SPAC bosses are finding they have to speed up their deal hunt if they want to attract investors these days.\nAbout half the blank-check companies that filed for U.S. listings since the ...</p>\n\n<a href=\"https://finance.yahoo.com/news/blank-check-ipos-show-time-110000593.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://finance.yahoo.com/news/blank-check-ipos-show-time-110000593.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1122733391","content_text":"(Bloomberg) -- SPAC bosses are finding they have to speed up their deal hunt if they want to attract investors these days.\nAbout half the blank-check companies that filed for U.S. listings since the start of June are giving themselves an initial period of 18 months or less to find an acquisition target, according to data compiled by SPAC Research. That’s a big change from earlier in the boom, when more than 80% set their duration at a standard 24 months.\nStock buyers are getting more selective as the market for special purpose acquisition companies cools, making it more difficult for lesser-known issuers to raise capital. Hedge funds investing with borrowed money are more willing to bet on an unproven team if they can profit quickly -- or at least get their money back soon if it doesn’t pan out.\n“Pricing IPOs is difficult with so many in the market,” said Nicholas Skibo, a managing partner at Gritstone Asset Management, which invests in SPACs. “So you either have to be a world-class sponsor or you have to provide an incentive.”\nTime Crunch\nSeasoned dealmakers from former Facebook Inc. executive Chamath Palihapitiya to billionaire investor Paul Singer are still taking their time with their latest SPACs, giving themselves two years to find a target. Newcomers are promising to deliver a deal in half that time, with many of the SPACs that unveiled listing plans last week intending to merge with a private company within 12 months.\nThe shorter durations are helping these blank-check companies stand out among the more than 300 SPACs waiting to sell shares in New York. A SPAC I Acquisition Corp., led by former Franklin Templeton Investments executive Claudius Tsang, is among the new listing hopefuls. It aims to raise $80 million to buy a company in the technology or e-commerce industry in Asia.\nNeo Technology Acquisition Corp. and Singularity Acquisition Corp., both run by little-known China dealmakers, will also have just a year to find a target. Both can be extended multiple times, each time by three months, if they can’t find a deal within the initial window and their sponsors deposit more funds into a trust account.\nInvestor Demands\nThe duration of blank-check companies is going to be a topic that investors will push back on, according to Jennifer Deason, the chairman of Belong Acquisition Corp.\n“It’s the market,” Deason, whose blank-check firm started trading in July, said in an interview. “There are a lot of SPACs out there, and the pendulum swings back and forth in terms of supply and demand.”\nThe shorter timespans mean these new blank-check companies have deadlines closer to those of SPACs that are already listed, said Steven Halperin, co-head of capital solutions at investment bank Moelis & Co. The benefit for serial dealmakers, though, is that they may not need too much time to seal a deal.\n“For a repeat issuer, the sponsor will already have the experience and potentially a shortlist of targets required to complete the SPAC lifecycle in a shorter timeframe,” Halperin said.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5405130,"gmtCreate":1627916627604,"gmtModify":1663231830731,"authorId":3570864790458781,"author":{"id":3570864790458781,"authorId":3570864790458781,"name":"Yeong","avatar":"https://static.tigerbbs.com/93092185d223c6e53fcfd64303836612","vip":1,"currentWearingBadge":{"badgeId":"972123088c9646f7b6091ae0662215be-2","templateUuid":"972123088c9646f7b6091ae0662215be","name":"Master Trader","description":"Total number of securities or futures transactions reached 100","bigImgUrl":"https://static.tigerbbs.com/ad22cfbe2d05aa393b18e9226e4b0307","smallImgUrl":"https://static.tigerbbs.com/36702e6ff3ffe46acafee66cc85273ca","grayImgUrl":"https://static.tigerbbs.com/d52eb88fa385cf5abe2616ed63781765","redirectLinkEnabled":0,"hasAllocated":1,"isWearing":1,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2022.03.23","exceedPercentage":"80.84%","individualDisplayEnabled":0,"individualDisplaySort":0,"categoryType":1100},"crmLevel":2,"crmLevelSwitch":1,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":804963425,"type":1,"supId":0,"prevId":0,"content":"<u>Y</u>","text":"<u>Y</u>","html":"<u>Y</u>"}],"langContent":"EN"},{"id":804960226,"gmtCreate":1627916515465,"gmtModify":1703497893021,"author":{"id":"3567533619607889","authorId":"3567533619607889","name":"2MDB","avatar":"https://static.tigerbbs.com/9cf88fa5b2a71111fb08911613ab838b","vip":1,"crmLevel":9,"crmLevelSwitch":0},"htmlText":"like please&nbsp;","listText":"like please&nbsp;","text":"like please","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":8,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/804960226","repostId":1122733391,"repostType":4,"repost":{"id":"1122733391","pubTimestamp":1627915738,"share":"https://www.laohu8.com/m/news/1122733391?lang=&edition=full","pubTime":"2021-08-02 22:48","market":"us","language":"en","title":"SPAC IPOs Show Time Is Money With Speedier Deal Chases","url":"https://stock-news.laohu8.com/highlight/detail?id=1122733391","media":"Bloomberg","summary":"(Bloomberg) -- SPAC bosses are finding they have to speed up their deal hunt if they want to attract","content":"<p>(Bloomberg) -- SPAC bosses are finding they have to speed up their deal hunt if they want to attract investors these days.</p>\n<p>About half the blank-check companies that filed for U.S. listings since the start of June are giving themselves an initial period of 18 months or less to find an acquisition target, according to data compiled by SPAC Research. That’s a big change from earlier in the boom, when more than 80% set their duration at a standard 24 months.</p>\n<p>Stock buyers are getting more selective as the market for special purpose acquisition companies cools, making it more difficult for lesser-known issuers to raise capital. Hedge funds investing with borrowed money are more willing to bet on an unproven team if they can profit quickly -- or at least get their money back soon if it doesn’t pan out.</p>\n<p>“Pricing IPOs is difficult with so many in the market,” said Nicholas Skibo, a managing partner at Gritstone Asset Management, which invests in SPACs. “So you either have to be a world-class sponsor or you have to provide an incentive.”</p>\n<p><b>Time Crunch</b></p>\n<p>Seasoned dealmakers from former Facebook Inc. executive Chamath Palihapitiya to billionaire investor Paul Singer are still taking their time with their latest SPACs, giving themselves two years to find a target. Newcomers are promising to deliver a deal in half that time, with many of the SPACs that unveiled listing plans last week intending to merge with a private company within 12 months.</p>\n<p>The shorter durations are helping these blank-check companies stand out among the more than 300 SPACs waiting to sell shares in New York. A SPAC I Acquisition Corp., led by former Franklin Templeton Investments executive Claudius Tsang, is among the new listing hopefuls. It aims to raise $80 million to buy a company in the technology or e-commerce industry in Asia.</p>\n<p>Neo Technology Acquisition Corp. and Singularity Acquisition Corp., both run by little-known China dealmakers, will also have just a year to find a target. Both can be extended multiple times, each time by three months, if they can’t find a deal within the initial window and their sponsors deposit more funds into a trust account.</p>\n<p><b>Investor Demands</b></p>\n<p>The duration of blank-check companies is going to be a topic that investors will push back on, according to Jennifer Deason, the chairman of Belong Acquisition Corp.</p>\n<p>“It’s the market,” Deason, whose blank-check firm started trading in July, said in an interview. “There are a lot of SPACs out there, and the pendulum swings back and forth in terms of supply and demand.”</p>\n<p>The shorter timespans mean these new blank-check companies have deadlines closer to those of SPACs that are already listed, said Steven Halperin, co-head of capital solutions at investment bank Moelis &amp; Co. The benefit for serial dealmakers, though, is that they may not need too much time to seal a deal.</p>\n<p>“For a repeat issuer, the sponsor will already have the experience and potentially a shortlist of targets required to complete the SPAC lifecycle in a shorter timeframe,” Halperin said.</p>","source":"lsy1584095487587","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 IPOs Show Time Is Money With Speedier Deal Chases</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; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\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 IPOs Show Time Is Money With Speedier Deal Chases\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-08-02 22:48 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/blank-check-ipos-show-time-110000593.html><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>(Bloomberg) -- SPAC bosses are finding they have to speed up their deal hunt if they want to attract investors these days.\nAbout half the blank-check companies that filed for U.S. listings since the ...</p>\n\n<a href=\"https://finance.yahoo.com/news/blank-check-ipos-show-time-110000593.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://finance.yahoo.com/news/blank-check-ipos-show-time-110000593.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1122733391","content_text":"(Bloomberg) -- SPAC bosses are finding they have to speed up their deal hunt if they want to attract investors these days.\nAbout half the blank-check companies that filed for U.S. listings since the start of June are giving themselves an initial period of 18 months or less to find an acquisition target, according to data compiled by SPAC Research. That’s a big change from earlier in the boom, when more than 80% set their duration at a standard 24 months.\nStock buyers are getting more selective as the market for special purpose acquisition companies cools, making it more difficult for lesser-known issuers to raise capital. Hedge funds investing with borrowed money are more willing to bet on an unproven team if they can profit quickly -- or at least get their money back soon if it doesn’t pan out.\n“Pricing IPOs is difficult with so many in the market,” said Nicholas Skibo, a managing partner at Gritstone Asset Management, which invests in SPACs. “So you either have to be a world-class sponsor or you have to provide an incentive.”\nTime Crunch\nSeasoned dealmakers from former Facebook Inc. executive Chamath Palihapitiya to billionaire investor Paul Singer are still taking their time with their latest SPACs, giving themselves two years to find a target. Newcomers are promising to deliver a deal in half that time, with many of the SPACs that unveiled listing plans last week intending to merge with a private company within 12 months.\nThe shorter durations are helping these blank-check companies stand out among the more than 300 SPACs waiting to sell shares in New York. A SPAC I Acquisition Corp., led by former Franklin Templeton Investments executive Claudius Tsang, is among the new listing hopefuls. It aims to raise $80 million to buy a company in the technology or e-commerce industry in Asia.\nNeo Technology Acquisition Corp. and Singularity Acquisition Corp., both run by little-known China dealmakers, will also have just a year to find a target. Both can be extended multiple times, each time by three months, if they can’t find a deal within the initial window and their sponsors deposit more funds into a trust account.\nInvestor Demands\nThe duration of blank-check companies is going to be a topic that investors will push back on, according to Jennifer Deason, the chairman of Belong Acquisition Corp.\n“It’s the market,” Deason, whose blank-check firm started trading in July, said in an interview. “There are a lot of SPACs out there, and the pendulum swings back and forth in terms of supply and demand.”\nThe shorter timespans mean these new blank-check companies have deadlines closer to those of SPACs that are already listed, said Steven Halperin, co-head of capital solutions at investment bank Moelis & Co. The benefit for serial dealmakers, though, is that they may not need too much time to seal a deal.\n“For a repeat issuer, the sponsor will already have the experience and potentially a shortlist of targets required to complete the SPAC lifecycle in a shorter timeframe,” Halperin said.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":804960052,"gmtCreate":1627916488576,"gmtModify":1703497892027,"author":{"id":"3575024526885711","authorId":"3575024526885711","name":"KnowWhen","avatar":"https://community-static.tradeup.com/news/2eb6561d135a17e456ba28fef302dc40","vip":1,"hat":"https://static.tigerbbs.com/b073a07f77dbe6b3bec6b12311fde6bd","crmLevel":8,"crmLevelSwitch":1},"htmlText":"[Smile]&nbsp;","listText":"[Smile]&nbsp;","text":"[Smile]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/804960052","repostId":1122733391,"repostType":4,"repost":{"id":"1122733391","pubTimestamp":1627915738,"share":"https://www.laohu8.com/m/news/1122733391?lang=&edition=full","pubTime":"2021-08-02 22:48","market":"us","language":"en","title":"SPAC IPOs Show Time Is Money With Speedier Deal Chases","url":"https://stock-news.laohu8.com/highlight/detail?id=1122733391","media":"Bloomberg","summary":"(Bloomberg) -- SPAC bosses are finding they have to speed up their deal hunt if they want to attract","content":"<p>(Bloomberg) -- SPAC bosses are finding they have to speed up their deal hunt if they want to attract investors these days.</p>\n<p>About half the blank-check companies that filed for U.S. listings since the start of June are giving themselves an initial period of 18 months or less to find an acquisition target, according to data compiled by SPAC Research. That’s a big change from earlier in the boom, when more than 80% set their duration at a standard 24 months.</p>\n<p>Stock buyers are getting more selective as the market for special purpose acquisition companies cools, making it more difficult for lesser-known issuers to raise capital. Hedge funds investing with borrowed money are more willing to bet on an unproven team if they can profit quickly -- or at least get their money back soon if it doesn’t pan out.</p>\n<p>“Pricing IPOs is difficult with so many in the market,” said Nicholas Skibo, a managing partner at Gritstone Asset Management, which invests in SPACs. “So you either have to be a world-class sponsor or you have to provide an incentive.”</p>\n<p><b>Time Crunch</b></p>\n<p>Seasoned dealmakers from former Facebook Inc. executive Chamath Palihapitiya to billionaire investor Paul Singer are still taking their time with their latest SPACs, giving themselves two years to find a target. Newcomers are promising to deliver a deal in half that time, with many of the SPACs that unveiled listing plans last week intending to merge with a private company within 12 months.</p>\n<p>The shorter durations are helping these blank-check companies stand out among the more than 300 SPACs waiting to sell shares in New York. A SPAC I Acquisition Corp., led by former Franklin Templeton Investments executive Claudius Tsang, is among the new listing hopefuls. It aims to raise $80 million to buy a company in the technology or e-commerce industry in Asia.</p>\n<p>Neo Technology Acquisition Corp. and Singularity Acquisition Corp., both run by little-known China dealmakers, will also have just a year to find a target. Both can be extended multiple times, each time by three months, if they can’t find a deal within the initial window and their sponsors deposit more funds into a trust account.</p>\n<p><b>Investor Demands</b></p>\n<p>The duration of blank-check companies is going to be a topic that investors will push back on, according to Jennifer Deason, the chairman of Belong Acquisition Corp.</p>\n<p>“It’s the market,” Deason, whose blank-check firm started trading in July, said in an interview. “There are a lot of SPACs out there, and the pendulum swings back and forth in terms of supply and demand.”</p>\n<p>The shorter timespans mean these new blank-check companies have deadlines closer to those of SPACs that are already listed, said Steven Halperin, co-head of capital solutions at investment bank Moelis &amp; Co. The benefit for serial dealmakers, though, is that they may not need too much time to seal a deal.</p>\n<p>“For a repeat issuer, the sponsor will already have the experience and potentially a shortlist of targets required to complete the SPAC lifecycle in a shorter timeframe,” Halperin said.</p>","source":"lsy1584095487587","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 IPOs Show Time Is Money With Speedier Deal Chases</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; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\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 IPOs Show Time Is Money With Speedier Deal Chases\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-08-02 22:48 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/blank-check-ipos-show-time-110000593.html><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>(Bloomberg) -- SPAC bosses are finding they have to speed up their deal hunt if they want to attract investors these days.\nAbout half the blank-check companies that filed for U.S. listings since the ...</p>\n\n<a href=\"https://finance.yahoo.com/news/blank-check-ipos-show-time-110000593.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://finance.yahoo.com/news/blank-check-ipos-show-time-110000593.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1122733391","content_text":"(Bloomberg) -- SPAC bosses are finding they have to speed up their deal hunt if they want to attract investors these days.\nAbout half the blank-check companies that filed for U.S. listings since the start of June are giving themselves an initial period of 18 months or less to find an acquisition target, according to data compiled by SPAC Research. That’s a big change from earlier in the boom, when more than 80% set their duration at a standard 24 months.\nStock buyers are getting more selective as the market for special purpose acquisition companies cools, making it more difficult for lesser-known issuers to raise capital. Hedge funds investing with borrowed money are more willing to bet on an unproven team if they can profit quickly -- or at least get their money back soon if it doesn’t pan out.\n“Pricing IPOs is difficult with so many in the market,” said Nicholas Skibo, a managing partner at Gritstone Asset Management, which invests in SPACs. “So you either have to be a world-class sponsor or you have to provide an incentive.”\nTime Crunch\nSeasoned dealmakers from former Facebook Inc. executive Chamath Palihapitiya to billionaire investor Paul Singer are still taking their time with their latest SPACs, giving themselves two years to find a target. Newcomers are promising to deliver a deal in half that time, with many of the SPACs that unveiled listing plans last week intending to merge with a private company within 12 months.\nThe shorter durations are helping these blank-check companies stand out among the more than 300 SPACs waiting to sell shares in New York. A SPAC I Acquisition Corp., led by former Franklin Templeton Investments executive Claudius Tsang, is among the new listing hopefuls. It aims to raise $80 million to buy a company in the technology or e-commerce industry in Asia.\nNeo Technology Acquisition Corp. and Singularity Acquisition Corp., both run by little-known China dealmakers, will also have just a year to find a target. Both can be extended multiple times, each time by three months, if they can’t find a deal within the initial window and their sponsors deposit more funds into a trust account.\nInvestor Demands\nThe duration of blank-check companies is going to be a topic that investors will push back on, according to Jennifer Deason, the chairman of Belong Acquisition Corp.\n“It’s the market,” Deason, whose blank-check firm started trading in July, said in an interview. “There are a lot of SPACs out there, and the pendulum swings back and forth in terms of supply and demand.”\nThe shorter timespans mean these new blank-check companies have deadlines closer to those of SPACs that are already listed, said Steven Halperin, co-head of capital solutions at investment bank Moelis & Co. The benefit for serial dealmakers, though, is that they may not need too much time to seal a deal.\n“For a repeat issuer, the sponsor will already have the experience and potentially a shortlist of targets required to complete the SPAC lifecycle in a shorter timeframe,” Halperin said.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5405103,"gmtCreate":1627916497938,"gmtModify":1663231828843,"authorId":3575024526885711,"author":{"id":3575024526885711,"authorId":3575024526885711,"name":"KnowWhen","avatar":"https://community-static.tradeup.com/news/2eb6561d135a17e456ba28fef302dc40","vip":1,"currentWearingBadge":{"badgeId":"972123088c9646f7b6091ae0662215be-3","templateUuid":"972123088c9646f7b6091ae0662215be","name":"Legendary Trader","description":"Total number of securities or futures transactions reached 300","bigImgUrl":"https://static.tigerbbs.com/656db16598a0b8f21429e10d6c1cb033","smallImgUrl":"https://static.tigerbbs.com/03f10910d4dd9234f9b5702a3342193a","grayImgUrl":"https://static.tigerbbs.com/0c767e35268feb729d50d3fa9a386c5a","redirectLinkEnabled":0,"hasAllocated":1,"isWearing":1,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2021.12.21","exceedPercentage":"93.34%","individualDisplayEnabled":0,"individualDisplaySort":0,"categoryType":1100},"crmLevel":8,"crmLevelSwitch":1,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":804960052,"type":1,"supId":0,"prevId":0,"content":"[Smile]","text":"[Smile]","html":"[Smile]"}],"langContent":"EN"},{"id":804987516,"gmtCreate":1627916479635,"gmtModify":1703497891533,"author":{"id":"3586890242065373","authorId":"3586890242065373","name":"Mano86","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":2,"crmLevelSwitch":0},"htmlText":"Nice.&nbsp;","listText":"Nice.&nbsp;","text":"Nice.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/804987516","repostId":1122733391,"repostType":4,"repost":{"id":"1122733391","pubTimestamp":1627915738,"share":"https://www.laohu8.com/m/news/1122733391?lang=&edition=full","pubTime":"2021-08-02 22:48","market":"us","language":"en","title":"SPAC IPOs Show Time Is Money With Speedier Deal Chases","url":"https://stock-news.laohu8.com/highlight/detail?id=1122733391","media":"Bloomberg","summary":"(Bloomberg) -- SPAC bosses are finding they have to speed up their deal hunt if they want to attract","content":"<p>(Bloomberg) -- SPAC bosses are finding they have to speed up their deal hunt if they want to attract investors these days.</p>\n<p>About half the blank-check companies that filed for U.S. listings since the start of June are giving themselves an initial period of 18 months or less to find an acquisition target, according to data compiled by SPAC Research. That’s a big change from earlier in the boom, when more than 80% set their duration at a standard 24 months.</p>\n<p>Stock buyers are getting more selective as the market for special purpose acquisition companies cools, making it more difficult for lesser-known issuers to raise capital. Hedge funds investing with borrowed money are more willing to bet on an unproven team if they can profit quickly -- or at least get their money back soon if it doesn’t pan out.</p>\n<p>“Pricing IPOs is difficult with so many in the market,” said Nicholas Skibo, a managing partner at Gritstone Asset Management, which invests in SPACs. “So you either have to be a world-class sponsor or you have to provide an incentive.”</p>\n<p><b>Time Crunch</b></p>\n<p>Seasoned dealmakers from former Facebook Inc. executive Chamath Palihapitiya to billionaire investor Paul Singer are still taking their time with their latest SPACs, giving themselves two years to find a target. Newcomers are promising to deliver a deal in half that time, with many of the SPACs that unveiled listing plans last week intending to merge with a private company within 12 months.</p>\n<p>The shorter durations are helping these blank-check companies stand out among the more than 300 SPACs waiting to sell shares in New York. A SPAC I Acquisition Corp., led by former Franklin Templeton Investments executive Claudius Tsang, is among the new listing hopefuls. It aims to raise $80 million to buy a company in the technology or e-commerce industry in Asia.</p>\n<p>Neo Technology Acquisition Corp. and Singularity Acquisition Corp., both run by little-known China dealmakers, will also have just a year to find a target. Both can be extended multiple times, each time by three months, if they can’t find a deal within the initial window and their sponsors deposit more funds into a trust account.</p>\n<p><b>Investor Demands</b></p>\n<p>The duration of blank-check companies is going to be a topic that investors will push back on, according to Jennifer Deason, the chairman of Belong Acquisition Corp.</p>\n<p>“It’s the market,” Deason, whose blank-check firm started trading in July, said in an interview. “There are a lot of SPACs out there, and the pendulum swings back and forth in terms of supply and demand.”</p>\n<p>The shorter timespans mean these new blank-check companies have deadlines closer to those of SPACs that are already listed, said Steven Halperin, co-head of capital solutions at investment bank Moelis &amp; Co. The benefit for serial dealmakers, though, is that they may not need too much time to seal a deal.</p>\n<p>“For a repeat issuer, the sponsor will already have the experience and potentially a shortlist of targets required to complete the SPAC lifecycle in a shorter timeframe,” Halperin said.</p>","source":"lsy1584095487587","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 IPOs Show Time Is Money With Speedier Deal Chases</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; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\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 IPOs Show Time Is Money With Speedier Deal Chases\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-08-02 22:48 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/blank-check-ipos-show-time-110000593.html><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>(Bloomberg) -- SPAC bosses are finding they have to speed up their deal hunt if they want to attract investors these days.\nAbout half the blank-check companies that filed for U.S. listings since the ...</p>\n\n<a href=\"https://finance.yahoo.com/news/blank-check-ipos-show-time-110000593.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://finance.yahoo.com/news/blank-check-ipos-show-time-110000593.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1122733391","content_text":"(Bloomberg) -- SPAC bosses are finding they have to speed up their deal hunt if they want to attract investors these days.\nAbout half the blank-check companies that filed for U.S. listings since the start of June are giving themselves an initial period of 18 months or less to find an acquisition target, according to data compiled by SPAC Research. That’s a big change from earlier in the boom, when more than 80% set their duration at a standard 24 months.\nStock buyers are getting more selective as the market for special purpose acquisition companies cools, making it more difficult for lesser-known issuers to raise capital. Hedge funds investing with borrowed money are more willing to bet on an unproven team if they can profit quickly -- or at least get their money back soon if it doesn’t pan out.\n“Pricing IPOs is difficult with so many in the market,” said Nicholas Skibo, a managing partner at Gritstone Asset Management, which invests in SPACs. “So you either have to be a world-class sponsor or you have to provide an incentive.”\nTime Crunch\nSeasoned dealmakers from former Facebook Inc. executive Chamath Palihapitiya to billionaire investor Paul Singer are still taking their time with their latest SPACs, giving themselves two years to find a target. Newcomers are promising to deliver a deal in half that time, with many of the SPACs that unveiled listing plans last week intending to merge with a private company within 12 months.\nThe shorter durations are helping these blank-check companies stand out among the more than 300 SPACs waiting to sell shares in New York. A SPAC I Acquisition Corp., led by former Franklin Templeton Investments executive Claudius Tsang, is among the new listing hopefuls. It aims to raise $80 million to buy a company in the technology or e-commerce industry in Asia.\nNeo Technology Acquisition Corp. and Singularity Acquisition Corp., both run by little-known China dealmakers, will also have just a year to find a target. Both can be extended multiple times, each time by three months, if they can’t find a deal within the initial window and their sponsors deposit more funds into a trust account.\nInvestor Demands\nThe duration of blank-check companies is going to be a topic that investors will push back on, according to Jennifer Deason, the chairman of Belong Acquisition Corp.\n“It’s the market,” Deason, whose blank-check firm started trading in July, said in an interview. “There are a lot of SPACs out there, and the pendulum swings back and forth in terms of supply and demand.”\nThe shorter timespans mean these new blank-check companies have deadlines closer to those of SPACs that are already listed, said Steven Halperin, co-head of capital solutions at investment bank Moelis & Co. The benefit for serial dealmakers, though, is that they may not need too much time to seal a deal.\n“For a repeat issuer, the sponsor will already have the experience and potentially a shortlist of targets required to complete the SPAC lifecycle in a shorter timeframe,” Halperin said.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5405112,"gmtCreate":1627916525089,"gmtModify":1663231828056,"authorId":3567533619607889,"author":{"id":3567533619607889,"authorId":3567533619607889,"name":"2MDB","avatar":"https://static.tigerbbs.com/9cf88fa5b2a71111fb08911613ab838b","vip":1,"crmLevel":9,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":804987516,"type":1,"supId":0,"prevId":0,"content":"like please ","text":"like please ","html":"like please "}],"langContent":"EN"},{"id":804984480,"gmtCreate":1627916450540,"gmtModify":1703497890540,"author":{"id":"3560204717545571","authorId":"3560204717545571","name":"Kok","avatar":"https://static.tigerbbs.com/efc25bb5380f85af49509ed68d9a3d8f","vip":1,"crmLevel":7,"crmLevelSwitch":1},"htmlText":"Pls like. Tks!","listText":"Pls like. Tks!","text":"Pls like. Tks!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/804984480","repostId":1122733391,"repostType":4,"repost":{"id":"1122733391","pubTimestamp":1627915738,"share":"https://www.laohu8.com/m/news/1122733391?lang=&edition=full","pubTime":"2021-08-02 22:48","market":"us","language":"en","title":"SPAC IPOs Show Time Is Money With Speedier Deal Chases","url":"https://stock-news.laohu8.com/highlight/detail?id=1122733391","media":"Bloomberg","summary":"(Bloomberg) -- SPAC bosses are finding they have to speed up their deal hunt if they want to attract","content":"<p>(Bloomberg) -- SPAC bosses are finding they have to speed up their deal hunt if they want to attract investors these days.</p>\n<p>About half the blank-check companies that filed for U.S. listings since the start of June are giving themselves an initial period of 18 months or less to find an acquisition target, according to data compiled by SPAC Research. That’s a big change from earlier in the boom, when more than 80% set their duration at a standard 24 months.</p>\n<p>Stock buyers are getting more selective as the market for special purpose acquisition companies cools, making it more difficult for lesser-known issuers to raise capital. Hedge funds investing with borrowed money are more willing to bet on an unproven team if they can profit quickly -- or at least get their money back soon if it doesn’t pan out.</p>\n<p>“Pricing IPOs is difficult with so many in the market,” said Nicholas Skibo, a managing partner at Gritstone Asset Management, which invests in SPACs. “So you either have to be a world-class sponsor or you have to provide an incentive.”</p>\n<p><b>Time Crunch</b></p>\n<p>Seasoned dealmakers from former Facebook Inc. executive Chamath Palihapitiya to billionaire investor Paul Singer are still taking their time with their latest SPACs, giving themselves two years to find a target. Newcomers are promising to deliver a deal in half that time, with many of the SPACs that unveiled listing plans last week intending to merge with a private company within 12 months.</p>\n<p>The shorter durations are helping these blank-check companies stand out among the more than 300 SPACs waiting to sell shares in New York. A SPAC I Acquisition Corp., led by former Franklin Templeton Investments executive Claudius Tsang, is among the new listing hopefuls. It aims to raise $80 million to buy a company in the technology or e-commerce industry in Asia.</p>\n<p>Neo Technology Acquisition Corp. and Singularity Acquisition Corp., both run by little-known China dealmakers, will also have just a year to find a target. Both can be extended multiple times, each time by three months, if they can’t find a deal within the initial window and their sponsors deposit more funds into a trust account.</p>\n<p><b>Investor Demands</b></p>\n<p>The duration of blank-check companies is going to be a topic that investors will push back on, according to Jennifer Deason, the chairman of Belong Acquisition Corp.</p>\n<p>“It’s the market,” Deason, whose blank-check firm started trading in July, said in an interview. “There are a lot of SPACs out there, and the pendulum swings back and forth in terms of supply and demand.”</p>\n<p>The shorter timespans mean these new blank-check companies have deadlines closer to those of SPACs that are already listed, said Steven Halperin, co-head of capital solutions at investment bank Moelis &amp; Co. The benefit for serial dealmakers, though, is that they may not need too much time to seal a deal.</p>\n<p>“For a repeat issuer, the sponsor will already have the experience and potentially a shortlist of targets required to complete the SPAC lifecycle in a shorter timeframe,” Halperin said.</p>","source":"lsy1584095487587","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 IPOs Show Time Is Money With Speedier Deal Chases</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; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\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 IPOs Show Time Is Money With Speedier Deal Chases\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-08-02 22:48 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/blank-check-ipos-show-time-110000593.html><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>(Bloomberg) -- SPAC bosses are finding they have to speed up their deal hunt if they want to attract investors these days.\nAbout half the blank-check companies that filed for U.S. listings since the ...</p>\n\n<a href=\"https://finance.yahoo.com/news/blank-check-ipos-show-time-110000593.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://finance.yahoo.com/news/blank-check-ipos-show-time-110000593.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1122733391","content_text":"(Bloomberg) -- SPAC bosses are finding they have to speed up their deal hunt if they want to attract investors these days.\nAbout half the blank-check companies that filed for U.S. listings since the start of June are giving themselves an initial period of 18 months or less to find an acquisition target, according to data compiled by SPAC Research. That’s a big change from earlier in the boom, when more than 80% set their duration at a standard 24 months.\nStock buyers are getting more selective as the market for special purpose acquisition companies cools, making it more difficult for lesser-known issuers to raise capital. Hedge funds investing with borrowed money are more willing to bet on an unproven team if they can profit quickly -- or at least get their money back soon if it doesn’t pan out.\n“Pricing IPOs is difficult with so many in the market,” said Nicholas Skibo, a managing partner at Gritstone Asset Management, which invests in SPACs. “So you either have to be a world-class sponsor or you have to provide an incentive.”\nTime Crunch\nSeasoned dealmakers from former Facebook Inc. executive Chamath Palihapitiya to billionaire investor Paul Singer are still taking their time with their latest SPACs, giving themselves two years to find a target. Newcomers are promising to deliver a deal in half that time, with many of the SPACs that unveiled listing plans last week intending to merge with a private company within 12 months.\nThe shorter durations are helping these blank-check companies stand out among the more than 300 SPACs waiting to sell shares in New York. A SPAC I Acquisition Corp., led by former Franklin Templeton Investments executive Claudius Tsang, is among the new listing hopefuls. It aims to raise $80 million to buy a company in the technology or e-commerce industry in Asia.\nNeo Technology Acquisition Corp. and Singularity Acquisition Corp., both run by little-known China dealmakers, will also have just a year to find a target. Both can be extended multiple times, each time by three months, if they can’t find a deal within the initial window and their sponsors deposit more funds into a trust account.\nInvestor Demands\nThe duration of blank-check companies is going to be a topic that investors will push back on, according to Jennifer Deason, the chairman of Belong Acquisition Corp.\n“It’s the market,” Deason, whose blank-check firm started trading in July, said in an interview. “There are a lot of SPACs out there, and the pendulum swings back and forth in terms of supply and demand.”\nThe shorter timespans mean these new blank-check companies have deadlines closer to those of SPACs that are already listed, said Steven Halperin, co-head of capital solutions at investment bank Moelis & Co. The benefit for serial dealmakers, though, is that they may not need too much time to seal a deal.\n“For a repeat issuer, the sponsor will already have the experience and potentially a shortlist of targets required to complete the SPAC lifecycle in a shorter timeframe,” Halperin said.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5405114,"gmtCreate":1627916540419,"gmtModify":1663231829134,"authorId":3584019054184037,"author":{"id":3584019054184037,"authorId":3584019054184037,"name":"CLOUD1127","avatar":"https://community-static.tradeup.com/news/2e12d8ce93dfc3e452c295a0cefaebc9","vip":1,"crmLevel":5,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":804984480,"type":1,"supId":0,"prevId":0,"content":"Ok","text":"Ok","html":"Ok"}],"langContent":"EN"}],"hasMoreComments":true,"newsSizeData":{"likeSize":173,"commentSize":30,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false}}