special purpose acquisition company

MUMBAI: Just under four months after Lupa Systems CEO James Murdoch announced the formation of a new venture with former top Disney executive Uday Shankar that would "explore technology and media opportunities in emerging markets", said entity has a name - Seven Islands Inc. 

Seven Islands has been categorised as special purpose acquisition company (SPAC) and is seeking to raise between $300-345 million in the US stock market. 

Apr 07, 2021 17:04
NEW YORK: The Topps Company, Inc., a global leader in sports and entertainment collectibles and confections, and Mudrick Capital Acquisition Corporation II, a publicly-traded special purpose acquisition company (SPAC), Tuesday announced a definitive agreement for a business combination that will result in Topps becoming a public company.