Author: Nicholas Alan Clayton

SPAC-morning-roundup

After WeWork, Could Office-to-Residential Conversions Revive PropTech SPACs?

With what appears to be the impending bankruptcy of WeWork (NYSE:WE), it is beginning to feel like the end of an era, if not several eras.

Much of the focus has been the transition from WeWork’s eye-watering zenith at a $46 billion valuation and ambitions of irreversibly changing the world the way titans like Microsoft (NASDAQ:MSFT) or Google (NASDAQ:GOOG) did. ...READ MORE

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Fortune Rise Acquisition Corp. (FRLA) to Combine with Water On Demand in $72M Deal

Fortune Rise (NASDAQ:FRLA) has entered into a definitive agreement to combine with Water On Demand at a pro forma equity value of $72 million.

Clearwater, Florida-based Water On Demand provides water treatment services and is developing a unique royalty-based platform it intends to launch as an investment vehicle. ...READ MORE