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I don't have a good history with SPACs, but after looking carefully into Forum Merger II Corporation (FMCI), which was on the verge of acquiring a fast-growing, plant-based food company, I decided to once again dip my fingers into the SPAC space. I believe the combined company has the potentia...
Chances are you never heard of a stock called Forum Merger II (NASDAQ: FMCI) before today. But chances also are that you've now heard of this special-purpose acquisition company, after the stock rocketed 18% on Thursday. According to a report by TheFly.com , Forum Merger II stock is surgin...
Carver Bancorp (NASDAQ: CARV ) +232% . More news on: Carver Bancorp, Inc., Urban One, Inc., Energous Corporation, Stocks on the move, , Read more ...
Since the beginning of the year, many special purposes acquisition companies (SPACs), including DraftKings ( DKNG ), Nikola ( NKLA ), and Virgin Galactic ( SPCE ), has delivered excellent returns for shareholders. Recently, another blank-check company, Forum Merger II Corporation ( FMCI ), ha...
Last week, I published an article explaining how Beyond Meat (BYND) would no longer be the only plant-based food pure play stock, as Forum Merger II Corporation (FMCI) was planning an acquisition in the space. FMCI has now revealed the details of this proposed acquisition, and it behooves in...
Transaction Introduces Tattooed Chef as Publicly Listed Company Conference call to be held today at 8:00 a.m. EDT Paramount, California and Delray Beach, Florida, June 12, 2020 (GLOBE NEWSWIRE) -- Ittella International (the “Company”), a plant-based fo...
I have written a number of articles on Beyond Meat ( BYND ) typically arguing that despite the company's good execution, its stock price is substantially over-valued. Moreover, I've cited the primary reason for the stock's premium valuation is that BYND represents the only publicly traded comp...
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"Buy the rumor, sell the news" is one of Wall Street's oldest investment saws -- and on Thursday, it proved prescient. For months, investors have awaited confirmation that the special purpose acquisition company (SPAC) Forum Merger II Corporation (NASDAQ: FMCI) would successfull...
PARAMOUNT, Calif. and DELRAY BEACH, Fla., Oct. 15, 2020 (GLOBE NEWSWIRE) -- Ittella International, a plant-based food company with a broad portfolio of innovative products, and Forum Merger II Corporation (“Forum”)(Nasdaq: FMCI), a special purpose acquisition company, today an...
As a merger vote approaches, shares of Forum Merger II (NASDAQ: FMCI) , the company that hopes to take meatless packaged-foods producer Tattooed Chef public in a reverse-merger IPO , are taking off themselves. In early afternoon trading on Monday, shares of Forum Merger II ...