Rain Enhancement Technologies, Inc. (“Rainwater Tech”), a leader in the development of rainfall generation technology, today announced the appointment of Doug Ireland as Chief Financial Officer (CFO), effective March 6, 2023. Mr. Ireland will lead the finance team and report directly to Mike Nefkens, CEO of Rainwater Tech.
Rain Enhancement Technologies, Inc. (“Rainwater Tech”), a leader in the development of rainfall generation technology, and dMY Technology Group, Inc. VI (NYSE: DMYS) (“dMY VI”) today announced that Dr. Jim Yong Kim has been nominated to join Rainwater Tech’s Board of Directors upon closing of the Rainwater Tech’s business combination with dMY VI.
Rain Enhancement Technologies, Inc. (“Rainwater Tech”), a leader in the development of rainfall generation technology, and dMY Technology Group, Inc. VI (NYSE: DMYS) (“dMY VI”), a publicly traded special purpose acquisition company, today announced that they have entered into a business combination agreement. Upon closing, the combined company is expected to retain the Rainwater Tech name. Once the business combination is completed, dMY VI will change its trading ticker from DMYS to the new ticker symbol “RANY.”
Confidence that quantum computers will solve major problems beyond the reach of traditional computers—a milestone known as quantum advantage—has soared in the past twelve months. Equity investments in quantum computing nearly tripled in 2020, the busiest year on record, and are set to rise even further in 2021. In 2021, IonQ became the first publicly traded pure-play quantum computing company, at an estimated initial valuation of $2 billion.
(BENZINGA) CEO Niccolo de Masi joined Benzinga's "SPACs Attack" show Tuesday to talk about the SPAC merger deal with IonQ, quantum computing and more.
Niccolo DeMasi, the man behind the hit mobile game Kim Kardashian: Hollywood, has launched a “blank check” initial public offering (IPO) company that is hunting for the next big mobile app. De Masi recently launched a special purpose acquisition corporation (SPAC) on the New York Stock Exchange. In that transaction, investors put him in charge of a company with $200 million, and De Masi gets to decide what to acquire with all of that cash.
While many tech companies are still apprehensive about going public and all the scrutiny that comes with that, ex-Glu Mobile CEO Niccolo de Masi just listed a special purpose acquisition corporation (SPAC) on the New York Stock Exchange, raising $200 million.
What’s next: De Masi, along with co-sponsor and former EMC executive Harry You, wants to create the next great mobile app-focused public company via this vehicle, he tells Axios. Think of it as Match Group, but for a different app category.
Rush Street Interactive LP agreed to go public via a merger with a blank-check company that will value the online sports-and-casino betting company at about $1.8 billion including debt.
Chicago-based Rush Street Interactive and special-purpose acquisition company dMY Technology Group Inc. announced their merger Monday, making them the latest to join the frenzy of special-purpose acquisition company, or SPAC, deal activity.
Sometimes it takes a few hands to learn a new card game. Online gambling has that status with US public market investors. Four different companies have listed their shares recently, or are about to do so. The timing is auspicious: states have loosened regulations on digital gambling just when bored Americans are stuck at home staring at screens.