Billionaire Thomas Barrack-backed SPAC withdraws IPO filing

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Billionaire Thomas Barrack-backed SPAC withdraws IPO filing

Reuters2021-07-23

July 23 (Reuters) - Falcon Peak Acquisition Corp, a blank-check company backed by former U.S. President Donald Trump's billionaire ally Thomas Barrack, on Friday withdrew its application for an initial public offering in the United States.

The company, which had filed for a $250 million IPO in March, did not give a reason for scrapping the proposed share sale.

Earlier this week, Barrack, who chaired Trump's inaugural fund, was arrested and charged with illegally lobbying the Trump administration on behalf of the United Arab Emirates.

His spokesperson, however, has refuted the charges.

The billionaire founded telecommunications infrastructure-focused private equity firm Colony Capital in 1991, which was rebranded as DigitalBridge Group Inc . He stepped down as DigitalBridge's chief executive in 2020.

(Reporting by Niket Nishant in Bengaluru; Editing by Maju Samuel)

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TonySiang
·2021-07-25
Good
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Nappybunny
·2021-07-25
please like:)
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Andersonkana
·2021-07-24
Nice
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  2021-07-24
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He stepped down as DigitalBridge's chief executive in 2020.</p>\n<p>(Reporting by Niket Nishant in Bengaluru; Editing by Maju Samuel)</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2153984218","content_text":"July 23 (Reuters) - Falcon Peak Acquisition Corp, a blank-check company backed by former U.S. President Donald Trump's billionaire ally Thomas Barrack, on Friday withdrew its application for an initial public offering in the United States.\nThe company, which had filed for a $250 million IPO in March, did not give a reason for scrapping the proposed share sale.\nEarlier this week, Barrack, who chaired Trump's inaugural fund, was arrested and charged with illegally lobbying the Trump administration on behalf of the United Arab Emirates.\nHis spokesperson, however, has refuted the charges.\nThe billionaire founded telecommunications infrastructure-focused private equity firm Colony Capital in 1991, which was rebranded as DigitalBridge Group Inc . He stepped down as DigitalBridge's chief executive in 2020.\n(Reporting by Niket Nishant in Bengaluru; Editing by Maju Samuel)","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":174742564,"gmtCreate":1627147583258,"gmtModify":1703484794035,"author":{"id":"4090161778832800","authorId":"4090161778832800","name":"Nappybunny","avatar":"https://static.tigerbbs.com/aa52a9e3b884556533e7d077c184e65b","vip":1,"crmLevel":1,"crmLevelSwitch":0,"idStr":"4090161778832800","authorIdStr":"4090161778832800"},"htmlText":"&nbsp;please like:)","listText":"&nbsp;please like:)","text":"please like:)","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/174742564","repostId":2153984218,"repostType":4,"repost":{"id":"2153984218","kind":"highlight","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"pubTimestamp":1627049613,"share":"https://ttm.financial/m/news/2153984218?lang=&edition=fundamental","pubTime":"2021-07-23 22:13","market":"us","language":"en","title":"Billionaire Thomas Barrack-backed SPAC withdraws IPO filing","url":"https://stock-news.laohu8.com/highlight/detail?id=2153984218","media":"Reuters","summary":"July 23 (Reuters) - Falcon Peak Acquisition Corp, a blank-check company backed by former U.S. Presid","content":"<p>July 23 (Reuters) - Falcon Peak Acquisition Corp, a blank-check company backed by former U.S. President Donald Trump's billionaire ally Thomas Barrack, on Friday withdrew its application for an initial public offering in the United States.</p>\n<p>The company, which had filed for a $250 million IPO in March, did not give a reason for scrapping the proposed share sale.</p>\n<p>Earlier this week, Barrack, who chaired Trump's inaugural fund, was arrested and charged with illegally lobbying the Trump administration on behalf of the United Arab Emirates.</p>\n<p>His spokesperson, however, has refuted the charges.</p>\n<p>The billionaire founded telecommunications infrastructure-focused private equity firm Colony Capital in 1991, which was rebranded as DigitalBridge Group Inc . He stepped down as DigitalBridge's chief executive in 2020.</p>\n<p>(Reporting by Niket Nishant in Bengaluru; Editing by Maju Samuel)</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Billionaire Thomas Barrack-backed SPAC withdraws IPO filing</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\">\nBillionaire Thomas Barrack-backed SPAC withdraws IPO filing\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2021-07-23 22:13</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>July 23 (Reuters) - Falcon Peak Acquisition Corp, a blank-check company backed by former U.S. President Donald Trump's billionaire ally Thomas Barrack, on Friday withdrew its application for an initial public offering in the United States.</p>\n<p>The company, which had filed for a $250 million IPO in March, did not give a reason for scrapping the proposed share sale.</p>\n<p>Earlier this week, Barrack, who chaired Trump's inaugural fund, was arrested and charged with illegally lobbying the Trump administration on behalf of the United Arab Emirates.</p>\n<p>His spokesperson, however, has refuted the charges.</p>\n<p>The billionaire founded telecommunications infrastructure-focused private equity firm Colony Capital in 1991, which was rebranded as DigitalBridge Group Inc . He stepped down as DigitalBridge's chief executive in 2020.</p>\n<p>(Reporting by Niket Nishant in Bengaluru; Editing by Maju Samuel)</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2153984218","content_text":"July 23 (Reuters) - Falcon Peak Acquisition Corp, a blank-check company backed by former U.S. President Donald Trump's billionaire ally Thomas Barrack, on Friday withdrew its application for an initial public offering in the United States.\nThe company, which had filed for a $250 million IPO in March, did not give a reason for scrapping the proposed share sale.\nEarlier this week, Barrack, who chaired Trump's inaugural fund, was arrested and charged with illegally lobbying the Trump administration on behalf of the United Arab Emirates.\nHis spokesperson, however, has refuted the charges.\nThe billionaire founded telecommunications infrastructure-focused private equity firm Colony Capital in 1991, which was rebranded as DigitalBridge Group Inc . He stepped down as DigitalBridge's chief executive in 2020.\n(Reporting by Niket Nishant in Bengaluru; Editing by Maju Samuel)","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":174103179,"gmtCreate":1627083678691,"gmtModify":1703483828004,"author":{"id":"4088599389256890","authorId":"4088599389256890","name":"Andersonkana","avatar":"https://static.tigerbbs.com/21e08c99709245ba5acdcf7245d9c40f","vip":1,"crmLevel":1,"crmLevelSwitch":0,"idStr":"4088599389256890","authorIdStr":"4088599389256890"},"htmlText":"Nice","listText":"Nice","text":"Nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/174103179","repostId":2153984218,"repostType":4,"repost":{"id":"2153984218","kind":"highlight","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"pubTimestamp":1627049613,"share":"https://ttm.financial/m/news/2153984218?lang=&edition=fundamental","pubTime":"2021-07-23 22:13","market":"us","language":"en","title":"Billionaire Thomas Barrack-backed SPAC withdraws IPO filing","url":"https://stock-news.laohu8.com/highlight/detail?id=2153984218","media":"Reuters","summary":"July 23 (Reuters) - Falcon Peak Acquisition Corp, a blank-check company backed by former U.S. Presid","content":"<p>July 23 (Reuters) - Falcon Peak Acquisition Corp, a blank-check company backed by former U.S. President Donald Trump's billionaire ally Thomas Barrack, on Friday withdrew its application for an initial public offering in the United States.</p>\n<p>The company, which had filed for a $250 million IPO in March, did not give a reason for scrapping the proposed share sale.</p>\n<p>Earlier this week, Barrack, who chaired Trump's inaugural fund, was arrested and charged with illegally lobbying the Trump administration on behalf of the United Arab Emirates.</p>\n<p>His spokesperson, however, has refuted the charges.</p>\n<p>The billionaire founded telecommunications infrastructure-focused private equity firm Colony Capital in 1991, which was rebranded as DigitalBridge Group Inc . He stepped down as DigitalBridge's chief executive in 2020.</p>\n<p>(Reporting by Niket Nishant in Bengaluru; Editing by Maju Samuel)</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Billionaire Thomas Barrack-backed SPAC withdraws IPO filing</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\">\nBillionaire Thomas Barrack-backed SPAC withdraws IPO filing\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2021-07-23 22:13</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>July 23 (Reuters) - Falcon Peak Acquisition Corp, a blank-check company backed by former U.S. President Donald Trump's billionaire ally Thomas Barrack, on Friday withdrew its application for an initial public offering in the United States.</p>\n<p>The company, which had filed for a $250 million IPO in March, did not give a reason for scrapping the proposed share sale.</p>\n<p>Earlier this week, Barrack, who chaired Trump's inaugural fund, was arrested and charged with illegally lobbying the Trump administration on behalf of the United Arab Emirates.</p>\n<p>His spokesperson, however, has refuted the charges.</p>\n<p>The billionaire founded telecommunications infrastructure-focused private equity firm Colony Capital in 1991, which was rebranded as DigitalBridge Group Inc . He stepped down as DigitalBridge's chief executive in 2020.</p>\n<p>(Reporting by Niket Nishant in Bengaluru; Editing by Maju Samuel)</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2153984218","content_text":"July 23 (Reuters) - Falcon Peak Acquisition Corp, a blank-check company backed by former U.S. President Donald Trump's billionaire ally Thomas Barrack, on Friday withdrew its application for an initial public offering in the United States.\nThe company, which had filed for a $250 million IPO in March, did not give a reason for scrapping the proposed share sale.\nEarlier this week, Barrack, who chaired Trump's inaugural fund, was arrested and charged with illegally lobbying the Trump administration on behalf of the United Arab Emirates.\nHis spokesperson, however, has refuted the charges.\nThe billionaire founded telecommunications infrastructure-focused private equity firm Colony Capital in 1991, which was rebranded as DigitalBridge Group Inc . He stepped down as DigitalBridge's chief executive in 2020.\n(Reporting by Niket Nishant in Bengaluru; Editing by Maju Samuel)","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5312455,"gmtCreate":1627085532609,"gmtModify":1663231410830,"authorId":3578540042073632,"author":{"id":3578540042073632,"idStr":"3578540042073632","authorId":3578540042073632,"name":"Brandon2207","avatar":"https://static.tigerbbs.com/c0335fafe87a5d7a8728bb3763ba20dc","vip":1,"crmLevel":4,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":174103179,"type":1,"supId":0,"prevId":0,"content":"Done","text":"Done","html":"Done"}],"langContent":"EN"}],"hasMoreComments":true,"newsSizeData":{"likeSize":60,"commentSize":3,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false}}