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Gainers: Banco Santander Mexico (BSMX) +20%. BowX Acquisition (BOWXU) +14%. Upstart Holdings (UPST) +12%. Root (ROOT) +11%. Jianpu Technology (JT) +10%.Losers: Elevate Credit (ELVT) -17%. UP Fintech Holding (TIGR) -14%. Leju Holdings (LEJU) -10%. Futu Holdings (FUTU) -7%. For further detail...
WeWork’s platform and global network position the company as a leader in flexible space, ideally situated to serve the multi-trillion dollar office space market and the future of work Within the past year, WeWork has made significant progress in the ongoing transformation o...
WeWork (WE) has agreed to merge with BowX Acquisition (BOWXU) at valuation of $9B including debt - WSJ.WeWork also intends to raise $1.3B, including $800M through private investment in public equity, or PIPE, from Insight Partners, funds managed by Starwood Capital Group, Fidelity M...
WeWork (WE) tells potential investors that its losses narrowed from $3.5B in 2019 to $3.2B last year despite the pandemic-related business pressure.According to "Project Windmill" documents viewed by Financial Times, WeWork cut capex from $2.2B to $49M over the same period.At the beginning of...
SPACs have been hot during 2020. Although they are very speculative in nature, there exist certain protections for the investor/speculator. I provide a shortlist of some attractive plays for January 2021. For further details see: My Shortlist For Betting On SPACs
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WeWork to begin trading on the New York Stock Exchange under the ticker symbol “WE” starting October 21, 2021 Business combination that closed on October 20, 2021 provides WeWork with the previously announced gross cash proceeds of approximately $1.3 billion, prior t...
Merger is expected to close on or around October 20, 2021 Transaction expected to provide WeWork with approximately $1.3 billion in cash, prior to expenses, full amount expected in initial agreement announced on March 26, 2021. Combined company to be named WeWork and will begi...
Special Meeting of BowX stockholders to approve proposed business combination with WeWork to be held on October 19, 2021 Stockholders of record as of the close of business on September 14, 2021, should vote their shares even if they no longer own them Stockholders are encourag...