IPOs

SPACs are the new IPO: Wilbur Ross

Former Secretary of Commerce Wilbur Ross discusses the SPAC market during an appearance on FOX Business' "Mornings with Maria."

SEC issues warning on celebrity SPACs

The U.S. Securities and Exchange Commission on Wednesday notified investors not to invest in a special-purpose acquisition company, or SPAC, just because a celebrity is involved.

Reddit considers IPO, hires CFO

Reddit on Friday named Andrew "Drew" Vollero as its new chief financial officer as the company reportedly mulls an initial public offering.