Business > Finance

SoFi is underwriting Chamath Palihapitiya's 4 biotech SPAC IPOs as the fintech looks to compete with Wall Street's top investment banks

9 days ago   |   By Business Insider

Summary List Placement When Chamath Palihapitiya registered four new blank-check companies with the Securities and Exchange Commission on June 2, their proposed stock tickers underscored a new focus: biotechnology.
Palihapitiya is launching Social Capital Suvretta Holdings Corp. I, II, III, and IV through his venture fund, Social Capital, in partnership with Suvretta Capital Management, a biotech-focused hedge fund.
And while the original filings detailed Morgan Stanley as the bookrunner of the SPAC deals, an amendment filed Wednesday with the SEC detailed a new partial underwriter whose...
Read more ...

 


Search by Tags

   Finance  


Teenagers drank more than $17 billion worth of alcohol in 2016, a new study...

Experts fear that the COVID-19 pandemic has fanned the flames of underage alcohol consumption. Vincent Besnault A study found that young people in the US consumed more than $17... Read more ...

Predictive analytics and consumer scoring: How companies use AI, machine...

Insider Intelligence publishes thousands of research reports, charts, and forecasts on the Connectivity & Tech industry. You can learn more about becoming a client here. The... Read more ...

An Amazon worker says she's homeless because she can't afford NYC rent with...

Helen H. Richardson/MediaNews Group/The Denver Post via Getty Images Amazon has touted its $15 minimum wage and pushed for increases at the national level. But Vice reported... Read more ...

Former ArcLight at Sherman Oaks Galleria taken over by Regal Cinemas

Regal Cinemas signed a lease Friday with mall landlord Douglas Emmett Inc. to take over the vacant theaters in the Galleria and reopen them soon. Read more ...

Money for tourism marketing, downtown ambassadors cut from Louisville's...

Money for tourism marketing, downtown ambassadors cut from Louisville's stimulus spending plan

Tourism officials hope money will be restored in later negotiations Read more ...

‘New York Times',‘The Athletic' End Buyout Talks

According to the Wall Street Journal, The Athletic viewed the New York Times as a “leading contender” to merge with the sports news site since the sites would discussions that... Read more ...

Chicago investor identified as mystery buyer who paid $24 million for 3.3...

Billionaire private equity investor Justin Ishbia is the buyer paying $23.9 million to create a 3.3-acre Winnetka homesite on Lake Michigan; it that would be the highest sum... Read more ...

Column: Victoria's Secret has a new sheen of female empowerment. It's not...

On Wednesday, Victoria's Secret unveiled a new pseudo-feminist campaign designed to revive and update the ailing brand. Read more ...

The Best New Movies To Stream On Netflix, Hulu, HBO And Disney+ This Week

Here are you best choices for what to watch on your favorite streaming platforms this weekend. Read more ...

First 'Vax 2 the Max' $250K drawing happens today

First 'Vax 2 the Max' $250K drawing happens today

Holding out hope for that $250,000 in Vax 2 the Max prize money? Read more ...