Tag Archives: SPAC

Matterport finishes first day of trading slightly down

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The 3D imaging company’s shares debuted Friday at about $14.42 and ended the day around $14.20. The firm went public via a merger with a special acquisition company. Continue reading →

Nextdoor to go public via SPAC with $4.3B valuation

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Nextdoor is set to go public through a special purpose acquisition company. The platform will raise $686 million from the deal, which is projected to close in Q4 2021. Continue reading →

Spencer Rascoff: iBuyers not to blame for supply shortage

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The former Zillow CEO touched on iBuying, real estate companies going public and “global asset inflation” during a discussion at Connect Now. Continue reading →

Fifth Wall debuts third SPAC, hopes to raise $250M

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Fifth Wall Ventures, an investment company that focuses on real estate technology, has launched a new special purpose acquisition company. Continue reading →

Luxury short-term rental unicorn Sonder in merger talks with SPAC

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Luxury short-term rental startup Sonder is in talks to merge with blank-check company Gores Metropoulos II Inc. The deal would value the combined company at more than $2.5 billion. Continue reading →

Offerpad: Sellers can stay in homes up to 60 days after closing

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To help alleviate the stress of selling, Offerpad will now give sellers the option of remaining in a home up to 60 days after closing escrow. Continue reading →

How the marriage between Spencer Rascoff and Offerpad came to be

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Spencer Rascoff and Offerpad CEO Brian Bair spoke to Inman about the behind-the-scenes moves that led to Offerpad’s decision to go public via a special purpose acquisition company. Continue reading →