The Latest SPAC News and Rumors: November 30, 2021
by Marlena Haddad on 2021-11-30 at 11:41am

Below is a daily summary of links to theca latest SPAC news and rumors gathered across the web. 

Latest SPAC News: Bullish obtains regulatory license in Gibraltar, and Ackman will need new law to beat lawsuit, investor says


Bullish Goes Live With Institutional Customers After Obtaining Regulatory License in Gibraltar

Bullish, a blockchain-based cryptocurrency exchange, today announced the initial launch of its platform to select institutional customers, following the receipt of a distributed ledger technology license from the Gibraltar Financial Services Commission (GFSC).

The invitation-only launch marked a “go live” for exchange software and operations, including customer onboarding. The inaugural batch of institutions is paving the way for a full launch which is expected to also welcome retail customers.

Far Peak Acquisition Corp. (NYSE:FPAC) initially announced its combination with Bullish on July 9.

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Ackman SPAC Will Need New Law to Beat Lawsuit, Investor Says

Bill Ackman’s Pershing Square Tontine Holdings Ltd. (NYSE:PSTH) will need to make a new law to defeat investors’ claims that it’s operating illegally, George Assad, who sued the SPAC, said in a court filing Monday.

Assad asked the judge to deny Ackman’s request that the suit be thrown out.

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Recent Posts
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News and Rumors CNBC: Former WeWork (OTC Pink:WEWKQ) founder Adam Neumann has offered to buy back control of the company for $500 million but has yet to secure the necessary financing. WeWork went public with BowX in October 2021. PR: Satellite telecom firm Spire Global (NYSE:SPIR) has signed an agreement to build and launch two...

by Nicholas Alan Clayton on 2024-03-27 at 11:38am

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by Nicholas Alan Clayton on 2024-03-27 at 7:33am

At the SPAC of Dawn Much of the attention yesterday was on tracking the swings of the newly-completed Trump Media (NASDAQ:DJT) deal with the FT going as far to suggest it may “make SPACs great again.” Not all of the day’s data points were on the positive side of the ledger, however. IB Acquisition Corp....

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