Companies can issue blank check preferred stock to raise capital and defend against hostile takeover bids.

Rise of the unconventional IPO The popularity of the blank check method these days can be largely attributed to the volatility of markets and COVID-19.

Wall Street’s main regulator tightened its oversight of blank-check companies on Wednesday with new regulations to force more disclosure, crack down on conflicts of interest and speed up the ...

Now, blank check companies have returned, but this year’s crop is a different breed. The celebrities are gone, the buzz has faded, and many SPACs are coming from serial sponsors who are, well ...

LightJump Acquisition, a blank check company formed by private equity exec Robert Bennett targeting the tech sector, raised $120 million by offering 12 million units at $10. The company offered 2 ...

A blank-check firm backed by BCC Investment Management, an affiliate of Bain Capital, is looking to raise up to $300 million through an initial public offering, a regulatory filing showed on Thursday.

Admiral Acquisition will buy North American engineering and lab-testing services provider Acuren in a $1.85 billion deal, the blank-check company co-founded by dealmaker Martin E. Franklin said on ...

Pershing Square Tontine Holdings, a blank-check company led by hedge-fund manager William Ackman, said it is now seeking to raise $4 billion in its initial public offering, up from the $3 billion ...