A Flying Taxi Start-Up and E-Commerce Play Will Ride a New $5 Billion Blank-Check Wave

a flying taxi start up and e commerce play will ride a new 5 billion blank check wave

Sumary of A Flying Taxi Start-Up and E-Commerce Play Will Ride a New $5 Billion Blank-Check Wave:

  • Yucaipa Acquisition Corp stock traded more than 1% higher in the premarket following the news of its plans to merge with Signa Sports United..
  • Vertical Aerospace announced on Thursday that it would merge with Broadstone Acquisition Corp in a move to become a publicly-listed company on the New York Stock Exchange..
  • Meanwhile, on Friday, German sports e-commerce platform Signa Sports United announced it would go public on the NYSE by merging with Yucaipa Acquisition Corp..
  • The move is a bid from Signa to dominate in the sports e-commerce space, with expected net revenues of around $1.6 billion in the year to September 2021….

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