These are just a few examples of the reality that startups are too often funded by dreams that turn out to be nightmares. We recall Apple, Amazon.com, Google, and other grand IPO successes and forget thousands of failures. Recent data from
Finance Articles: page 1
ANALYSIS: Time Pressure Builds on De-SPAC Deals
In 2021, Cordell Eminent Scholar Jay Ritter predicted that half of SPACs would need to return money to shareholders. After looking into what would happen if half of SPACs didn’t De-SPAC, a new Bloomberg Law analysis finds that more than
Doc’s Prescription: Many special purpose acquisition companies might go bust
Research insights from Cordell Eminent Scholar Jay Ritter and Ph.D. student Minmo Gahng contribute to this story about the roughly 25 SPACs (special purpose acquisition companies) have concerns about their financial future, according to the Wall Street Journal. Read more
This SPAC is merging with an already-public company as sponsors get creative before time runs out
SPACs are known to be a roundabout investment vehicle to take private companies public. Not this one. Bull Horn Holdings is merging with biotech Coeptis Therapeutics, a public company traded over the counter. It remains to be seen if other sponsors would replicate
How much could you make if you major in business?
Selecting a major is an important decision for any student in college. The classes, extracurricular activities and internships you complete during this time will help set the stage for your post-graduation career. If business or any of its functions, such
Looking for stock investment tips? Use social media selectively
GAINESVILLE, Fla. – Savvy investors and news buffs will recall the early days of 2021 when GameStop’s market value increased from about $2 billion to over $24 billion in just a few days. The significant gains stemmed from individual investors,
IPOs are dead, and that’s bad news for the secondary market in private shares
A stagnant IPO market means there is less investor appetite for shares in private companies, which is a problem for the companies that trade those shares. Cordell Eminent Scholar Jay Ritter shares his insights for this Observer story.
SPACs Are Warning They May Go Bust
Research insights from Cordell Eminent Scholar Jay Ritter and Ph.D. student Minmo Gahng inform this story about the more than two dozen companies that say they may not survive much longer. Read more in this story from the Wall Street
Didi Global languishes in limbo, ordered by Beijing to pull shares off Wall Street and, for now, denied permission to float them in Hong Kong
Cordell Eminent Scholar Jay Ritter, who researches IPOs argues that while Didi is “at the mercy of the Chinese government,” the company’s dominance in China creates an opportunity for Didi to raise prices and attain profitability—provided it can win the
PhD student earns Certificate of Outstanding Achievement
Minmo Gahng was honored with a Certificate of Outstanding Achievement as part of the University of Florida’s International Student Achievement Awards. Gahng is a fourth-year PhD student in finance. “I was very excited when I heard the news about this