Over the trailing year, you have likely witnessed the rise of shell firms as a medium to take private enterprises public. Market analysts often use the term “reverse merger” to describe this ...

Banks and non-banking financial companies (NBFCs) may require a blank cheque from the personal loan applicants. The lenders ask for a blank cheque as a security against loan defaults, if any. It is ...

Special purpose acquisition companies, or SPACs, were big business in 2021 when everyone from lifestyle mogul Martha Stewart to politicians like Paul Ryan was investing in them. Also known as blank ...

Private companies are flooding into special-purpose acquisition companies, or SPACs, to bypass the traditional IPO process and gain a public listing. WSJ explains why some critics say investing in ...