SPAC

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X @Tesla Owners Silicon Valley
Tesla Owners Silicon Valley· 2025-07-03 11:25
.@SpaceX is pushing humanity forward with reusable rockets, global Starlink, and the mission to reach Marshttps://t.co/7v9Lml4Eq3 ...
X @Tesla Owners Silicon Valley
Tesla Owners Silicon Valley· 2025-07-03 10:18
ELON MUSK “It’s time to retire the Space Station and focus on Mars.” https://t.co/s6psp8BG9A ...
X @The Economist
The Economist· 2025-07-03 06:10
SPACs are back in favour https://t.co/EOfA0tKnvt ...
X @Tesla Owners Silicon Valley
Tesla Owners Silicon Valley· 2025-07-03 02:15
“It's wild that this giant 250-ton object went to space, came back, and was caught by giant Mechazilla arms. It's super cool! That's the kind of thing that is inspiring and exciting.”Elon Muskhttps://t.co/6k02R3DG0D ...
★港交所推出科企专线应时应势
Zheng Quan Shi Bao· 2025-07-03 01:56
Group 1 - The Hong Kong Stock Exchange (HKEX) has launched a dedicated listing channel for technology and biotech companies, described as "hands-on service" by the CEO [1] - This channel provides specialized guidance for companies preparing for their IPOs, helping them understand and meet listing requirements more efficiently [1] - A significant breakthrough of this channel is the option for companies to submit their IPO applications confidentially, reducing risks associated with early disclosure of sensitive information [1] Group 2 - HKEX's recent reforms aim to solidify Hong Kong's position as the preferred listing platform for emerging and innovative companies [2] - Since 2018, the number of new economy companies has surged in the Hong Kong market, transforming it from a traditional focus on real estate, finance, and energy [2] - In 2024, Hong Kong's new stock fundraising is projected to reach HKD 88 billion, ranking fourth globally, with over 80% of this amount contributed by technology companies, particularly in biotech and AI [2]
港股SPAC机制遇冷 制度革新迫在眉睫
证券时报· 2025-07-03 00:15
目前仅有2家公司成功De-SPAC。 值得注意是,自港交所2022年正式启动SPAC上市规则后,仅在2022年当年就有5家港股SPAC公司上市,此后至今未有新的SPAC公司上市。而在这5家公司 中,目前仅有2家公司成功De-SPAC,两家退市,尚有一家"待交卷"。 卫哲公司 并购失败无奈退市 近日,又一家港股SPAC(特殊目的收购公司)VISION DEAL-Z正式退市。这家SPAC公司由阿里巴巴前高管、嘉御资本创始人兼董事长卫哲等人发起成立,因 未能在规定期限内完成De-SPAC(完成与目标公司的业务合并交易),只能退市。 SPAC是一种由专业投资人或行业资深人士发起设立的"空壳公司",其通过IPO募集资金,并在规定期限内寻找合适的目标公司完成并购。若未能按期完成, SPAC将面临清算退市。 2021年12月,港交所引入SPAC上市机制,旨在为新兴和创新企业提供更灵活的融资路径,并于2022年1月1日起生效。时任港交所行政总裁欧冠升表示,该 机制有助于扶持潜力企业成长。2022年,5家SPAC公司在港上市,按照规则,SPAC公司需在上市后24个月内发出De-SPAC交易公告,并在上市后36个月内 完成De- ...
X @Bloomberg
Bloomberg· 2025-07-02 20:47
SPACs are again positioning themselves as an alternative to traditional IPOs for businesses that have been left out of the nascent recovery in first-time stock sales https://t.co/QiZ4TELOnB ...
港股SPAC机制遇冷 制度革新迫在眉睫
Zheng Quan Shi Bao· 2025-07-02 18:11
Core Viewpoint - The recent delisting of VISION DEAL-Z highlights the challenges faced by SPACs in the Hong Kong market, with only two out of five SPACs successfully completing their De-SPAC transactions since the introduction of SPAC regulations in 2022 [1][2][5]. SPAC Market Overview - VISION DEAL-Z, initiated by former Alibaba executive Wei Zhe, was unable to complete its De-SPAC transaction within the required timeframe, leading to its delisting [1][2]. - The Hong Kong Stock Exchange (HKEX) introduced SPAC listing rules in December 2021 to provide a flexible financing path for emerging companies, effective from January 1, 2022 [2]. - In 2022, five SPACs were listed in Hong Kong, but only two have successfully completed De-SPAC transactions, while two have been delisted and one is still pending [5]. Regulatory Environment - SPACs must announce their De-SPAC transactions within 24 months and complete them within 36 months of listing, making 2025 a critical year for SPACs in Hong Kong [2][3]. - The delisting of VISION DEAL-Z was confirmed by the HKEX on June 12, 2025, with the official removal occurring on June 30, 2025 [3]. Successful De-SPAC Transactions - The two SPACs that successfully completed their De-SPAC transactions are 汇德收购-Z and AQUILA ACQ-Z, with the former merging with Singapore's LionTee Holdings and the latter merging with 找钢产业互联集团 [5]. - LionTee Holdings, post-merger, became the first successful SPAC acquisition in Hong Kong, with Alibaba's Singapore entity holding a 47.22% stake [5]. Market Sentiment and Future Outlook - The SPAC market in Hong Kong has been quiet in 2023, with no new SPAC listings, raising questions about its future [7]. - Industry experts suggest that the stringent listing rules and the requirement for PIPE investors are hindering SPAC activity, advocating for a reduction in these requirements to revitalize the market [8]. - Recent regulatory changes in August 2024 aimed to lower the barriers for SPAC transactions, including reducing the minimum independent third-party investment amount [8][9]. - The approval process for De-SPAC transactions remains lengthy, leading companies to prefer traditional IPOs or other markets, indicating a need for further optimization of SPAC regulations [9].
Empires on the Moon: Why you should care | Jenna Rhodes-Tiwana | TEDxBrighton
TEDx Talks· 2025-07-02 16:38
[Music] [Applause] So, I'm going to talk to you today about something you've all known of since you've entered into this world. You see it every day. Your parents and their parents and their parents for thousands of generations have known of it, too. and your future generations for thousands of years to come will also relate to it.And yet you likely know or care very little about it. And I'm going to change that. It is of course the moon that I'm talking about.So before I get started, I'll share some contex ...
First-of-Its-Kind Global STEM Challenge Takes Off with Viasat: Space for Good Challenge 2025
Globenewswire· 2025-07-02 12:00
CARLSBAD, Calif., July 02, 2025 (GLOBE NEWSWIRE) -- Viasat Inc. (NASDAQ: VSAT), a global communications company, is thrilled to introduce the Viasat: Space for Good Challenge 2025 initiative, a groundbreaking STEM innovation challenge for students. In the UK, Viasat has collaborated with sponsors, Lockheed Martin and Astroscale, to contribute to the UK Space for Good 2025 Challenge. In India, associations with BSNL and Indian government agencies have been key to the program's success. Following the success ...