BEAMSTART Logo

HomeNews

Small banks fuel revival in blank-cheque Spac deals

Financial Times LogoFinancial Times13h ago

Small banks fuel revival in blank-cheque Spac deals - Financial Times

Quick Summary:

The median price performance on the 17 private companies that have gone public by merging with Spacs this year is a fall of 73 per cent, according to data provider ListingTrack.

Spac market participants credit Cantor and a recent flurry of new vehicles sponsored by the brokerage for reopening the market.“This vintage of sponsors are people who know how to get deals done,” said Sun.

Cohen & Company quickly snapped him up.“2025 was meant to be the year of the IPO,” Sun said.“Given the volatility resulting from Trump’s tariff policies, those hopes have been dashed and crushed.


More Pictures

Small banks fuel revival in blank-cheque Spac deals - Financial Times (Picture 1)

or

Article Details

Author / Journalist: George Steer

Category: MarketsFinanceInvesting

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-05-18 @ 17:00:23 (13 hours ago)

News Timezone: GMT -5:00

News Source URL: ft.com

Language: English

Article Length: 852 words

Reading Time: 5 minutes read

Sentences: 32 lines

Sentence Length: 27 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Financial Times

News ID: 28786679

View Article Analysis

About Financial Times

Financial Times Logo

Main Topics: MarketsFinanceInvesting

Official Website: ft.com

Update Frequency: 2 posts per day

Year Established: 1888

Headquarters: United States

News Last Updated: 20 hours ago

Coverage Areas: United States

Ownership: Independent Company

Publication Timezone: GMT -5:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #3

Publisher Details

Frequently Asked Questions

How long will it take to read this news story?

The story "Small banks fuel revival in blank-cheque Spac deals" has 852 words across 32 sentences, which will take approximately 4 - 8 minutes for the average person to read.

Which news outlet covered this story?

The story "Small banks fuel revival in blank-cheque Spac deals" was covered 13 hours ago by Financial Times, a news publisher based in United States.

How trustworthy is 'Financial Times' news outlet?

Financial Times is a fully independent (privately-owned) news outlet established in 1888 that covers mostly markets, finance, and investing news.

The outlet is headquartered in United States and publishes an average of 2 news stories per day.

It's most recent story was published 20 hours ago.

What do people currently think of this news story?

The sentiment for this story is currently Neutral, indicating that people are not responding positively or negatively to this news.

How do I report this news for inaccuracy?

You can report an inaccurate news publication to us via our contact page. Please also include the news #ID number and the URL to this story.
  • News ID: #28786679
  • URL: https://onderwijs.beamstart.com/news/small-banks-fuel-revival-in-17475889017715

BEAMSTART

BEAMSTART is a global entrepreneurship community, serving as a catalyst for innovation and collaboration. With a mission to empower entrepreneurs, we offer exclusive deals with savings totaling over $1,000,000, curated news, events, and a vast investor database. Through our portal, we aim to foster a supportive ecosystem where like-minded individuals can connect and create opportunities for growth and success.

© Copyright 2025 BEAMSTART. All Rights Reserved.