Seattle SPAC suffering: Shares of companies that went public via SPAC fall more than 50% The four Seattle businesses that went public during the SPAC boom have sputtered amid the broader economic downturn. Porch, Nautilus… Read More
Even with SPACs in sharp decline, this Seattle investment bank remains bullish on finding a robotics target PITTSBURGH — SPACs are suffering. But Cascadia Capital still feels confident about finding a deal. The Seattle investment bank raised… Read More
Cannabis marketplace Leafly closes SPAC merger deal and will go public on Monday Nearly six months after announcing plans to go public via a SPAC merger, Seattle-based online cannabis marketplace Leafly has sealed the… Read More
Just call it deal mania: A look at this year’s booming market for M&A, IPOs, SPACs and VC Another day, another deal. That’s sometimes how it feels around the GeekWire newsroom as we track the latest venture rounds,… Read More
Seattle investment bank that helps buy and sell companies forms new SPAC to target ‘industry 4.0’ For the past 22 years, Cascadia Capital has helped dozens of healthcare, retail, technology and other companies find buyers. Now,… Read More
Astra Space launches its first day of public trading with backing from Craig McCaw and Bill Gates A California-based space venture called Astra marked its first day as a publicly traded company today, completing a financial transition… Read More
Zulily co-founder’s SPAC raises $300 million Mark Vadon is on the prowl for the next e-commerce superstar. Vadon, who previously co-founded Zulily and Blue Nile and… Read More
GeekWire Awards: Vote for Deal of the Year SPACs. IPOs. M&A. The past 12 months ushered in a frenzy of deal activity, with mammoth public offerings and blockbuster… Read More
Bill Gates says there are too many low-quality SPACs, but he’s firmly focused on the quality ones Microsoft co-founder Bill Gates hinted at a SPAC bubble, noting in an interview with CNBC on Friday that he’ll be… Read More
Play Episode Podcast Exclusive interview: Spencer Rascoff talks SPAC mania, home buying and why he’s created a stealthy social media startup with his daughter Play When we reached out to entrepreneur and angel investor Spencer Rascoff on Tuesday with notes about appearing on the GeekWire… Read More
Ex-Zillow CEO Spencer Rascoff leads SPAC deal to acquire Offerpad, a rival to his former employer Former Zillow Group CEO Spencer Rascoff is jumping back into the real estate game in a big way. Rascoff, who… Read More
How SPACs are changing the IPO game: Equity ownership of founders a big consideration A few weeks ago, a longtime GeekWire reader sent a note expressing shock that Sana Biotechnology co-founder and CEO Steve… Read More
Zulily co-founder latest to join SPAC mania Mark Vadon, the Seattle e-commerce entrepreneur who co-founded Zulily and Blue Nile and served as chairman of Chewy, is joining… Read More
BlackSky satellite data venture makes a $1.5B deal to go public in SPAC merger BlackSky Holdings, which is operating a growing fleet of Earth observation satellites as well as a cloud-based platform to analyze… Read More
Former Boeing CEO’s blank check company raises $240M for future aerospace deal New Vista Acquisition Corp., the blank-check company founded by former Boeing CEO Dennis Muilenburg to prime the pump for a… Read More
How telecom pioneer Craig McCaw hitched up with Astra rocket venture in $2.1B deal Back in the 1990s, cellular telecom pioneer Craig McCaw bought into a vision of ubiquitous wireless service via a constellation… Read More
A SPAC called FLAC? Seattle venture capital firm to launch $100 million ‘blank check’ company One of Seattle’s biggest and longest active venture capital firms is looking to jump into the SPAC arena. Frazier Healthcare… Read More
