WeWork Shares Rise 13% After Going Public Via SPAC Merger

More than two years after its IPO plans unraveled in spectacular fashion, WeWork began publicly trading on the New York Stock exchange on Thursday, with shares rising after merging with a special pu… See more

CouponFollow Extension

13%
OFF

WeWork Shares Rise 13% After Going Public Via SPAC Merger

3 weeks from now

forbes.com

13%
OFF

WeWork Shares Jump More Than 13% In Public Markets Debut …

3 weeks from now

Oct 21, 2021 · The office-leasing company halted initial plans for an IPO in 2019 after investors raised concerns over its business model and then-CEO Adam Neumann.

cnbc.com

13%
OFF

WeWork Gains 13% In Long-awaited Trading Debut 2 Years After …

3 weeks from now

Oct 21, 2021 · WeWork stock began trading Thursday, two years after its IPO plans crashed. The flexible-workspace company went public through a SPAC merger with BowX. Shares closed …

businessinsider.com

$9
OFF

WeWork Goes Public Via SPAC - TheStreet

3 weeks from now

Oct 21, 2021 · Shared office space company WeWork is making its public debut after a $9 billion merger with BowX Acquisition after a failed IPO attempt in 2019.. The SPAC valuation is …

thestreet.com

13%
OFF

Forbes On LinkedIn: WeWork Shares Rise 13% After Going Public …

3 weeks from now

Shares of coworking company WeWork jumped on their first day of trading, making founder Adam Neumann a billionaire once more. WeWork Shares Rise 13% After Going Public Via SPAC …

linkedin.com

13%
OFF

WeWork Shares Rise 13% After Going Public Via SPAC Merger - Inkl

3 weeks from now

Oct 21, 2021 · Shares of coworking company WeWork jumped on their first day of trading, making founder Adam Neumann a billionaire once more. ... WeWork Shares Rise 13% After Going …

inkl.com

$9
OFF

WeWork Attempts To Rise From The Ashes With IPO Via SPAC …

3 weeks from now

Mar 26, 2021 · A WeWork IPO through a SPAC merger with BowX gives the provider of shared office space a valuation of $9 billion, far below where it once stood.

investors.com

$9
OFF

WeWork To Merge With Spac In $9bn Deal - Financial Times

3 weeks from now

Mar 26, 2021 · The merger with BowX Acquisition, a special purpose acquisition company set up by Vivek Ranadivé, founder of the California-based software group Tibco, will pump $1.3bn in …

ft.com

8%
OFF

WeWork Shares Climbed 8% After Going Public Via SPAC Merger

3 weeks from now

WeWork’s original plans to go public via the traditional IPO route imploded in disastrous fashion two years ago.

forbesmiddleeast.com

$1
OFF

WeWork Is Finally Going Public -- Should You Invest?

3 weeks from now

Apr 8, 2021 · After this is done, WeWork will have $1.9 billion of cash and another $550 million line of credit. That may sound like a lot. WeWork lost $3.2 billion in 2020 and $3.5 billion in 2019.

fool.com

$10
OFF

WeWork Joins SPAC Trend To Go Public, Over A Year After Failed IPO …

3 weeks from now

Mar 26, 2021 · A share of a SPAC typically costs $10, and buyers are allowed to get their money back if they don’t like the eventual merger. That means they are a relatively safe investment if …

vox.com

FAQs about WeWork Shares Rise 13% After Going Public Via SPAC Merger Coupon?

Is WeWork a publicly traded company?

WeWork, an office-space leasing company, provides flexible work-space solutions to various sized businesses and organizations. The company went public through a SPAC merger with BowX, a publicly-traded SPAC on Oct. 21, 2021. Shares of the combined company now trade under the ticker "WE" on the NYSE following the closing of the merger. ...

How did WeWork go public?

The flexible-workspace company went public through a merger with BowX Acquisition, a special purpose acquisition company, with the SPAC combination operating under the WeWork name and trading under the ticker symbol "WE". ...

How long does it take a SPAC to buy WeWork?

Special Purpose Acquisition Companies (SPACs) have two years to complete an acquisition. WeWork's merger with a SPAC gives the company an equity value of $9 billion. This is substantially less than the $47 billion at which its leading investor SoftBank Group Corp. ( SFTBY) valued the company before an ill-fated 2019 IPO attempt. ...

Why did WeWork shares rise 13% on Thursday?

Trading under the ticker “WE,” WeWork shares rose by 13% on Thursday. WeWork raised $1.3 billion by going public with blank check company BowX Acquisition Corp., which is headed by Sacramento Kings owner and tech entrepreneur Vivek Ranadive, in a deal that was first announced in March. ...

What happened to WeWork IPO?

WeWork’s original plans to go public via the traditional IPO route imploded in disastrous fashion two years ago. Starting in August 2019, the company’s IPO filing revealed that it had lost $1.9 billion in 2018 and was on track to burn through its remaining cash. ...

How much is WeWork stock worth?

The combined company's stock rose 13% during its first day of trading giving it a valuation of $9.3 billion. WeWork generated $593.5 million in revenue over the last quarter and a net loss of $888.8 million. WeWork was founded in 2010 by Adam Neumann and Miguel McKelvey. ...