CNBC's Investing in Space newsletter: New dispatches from Paris
For Intuitive Machines, the money it aims to raise by going public is largely dependent on what the Inflection Point SPAC shareholders think of the deal. Inflection Point has $301 million held in a trust, which is dependent on shareholder redemptions. SPACs closing deals in 2022 have regularly seen requests to redeem much of that money, leaving less than expected on the newly public company's balance sheet.
But the deal has to close first – and that's expected in the first quarter. I'll keep an eye on this one as it looks to swim against the frozen river of the SPAC market.which is
Brasil Últimas Notícias, Brasil Manchetes
Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.
Bitcoin swings lower in volatile trading day, and Nasdaq preps new crypto service: CNBC Crypto WorldCNBC Crypto World features the latest news and daily trading updates from the digital currency markets and provides viewers with a look at what's ahead with high-profile interviews, explainers, and unique stories from the ever-changing crypto industry. On today's show, Bruno Ramos de Sousa, head of Global Expansion at Hashdex, discusses macro pressures facing the crypto industry.
Consulte Mais informação »
Fed Raises Interest Rates by 0.75 Percentage Points Again to Fight InflationThe Federal Reserve raised interest rates by 75 basis points on Wednesday, matching experts’ expectations. See potential bias and similarities in coverage from NPR, nypost and CNBC: InterestRates FederalReserve
Consulte Mais informação »
Pro Picks: Watch all of Tuesday's big stock calls on CNBCA recap of Tuesday's best stock picks on CNBC.
Consulte Mais informação »
FTX wants to raise up to $1 billion at its $32 billion valuation: CNBCCrypto exchange FTX is reportedly in talks to raise up to $1 billion and preserve its $32 billion valuation.
Consulte Mais informação »
CNBC Pro Talks: Asset manager Neil Veitch discusses his top picks — and stocks to avoid — as volatility persistsWith holdings spanning Big Tech, semiconductors and more, we'll ask Neil for his highest conviction calls, as well as which stocks investors should avoid.
Consulte Mais informação »
Patagonia's Bold Move to Donate the Entire Company to Fight Climate Change Only Works If It Stays Competitive in Business, CEO SaysPatagonia's decision to donate the majority of the company's profits, which it expects to be approximately $100 million a year, comes amid a fierce debate about how politically and socially active businesses and business leaders should be.
Consulte Mais informação »