Ginkgo Bioworks begins trading on the NYSE after completing SPAC merger
Boston-based Ginkgo Bioworks began trading on the New York Stock Exchange on Friday, becoming the latest company to close a SPAC merger and go public.
The biotech company merged with Soaring Eagle Acquisition Corp., the blank-check firm led by former MGM CEO Harry Sloan.Jason Kelly, Founder, Ginkgo BioworksScott Mlyn | CNBC Shares opened at $11.15 apiece under ticker symbol "DNA," giving the five-time
CNBC Disruptor 50company a market cap of nearly $2.5 billion.Ginkgo was started in 2009 by a team of MIT scientists intent on building made-to-order microbes that enable customers to grow rather than manufacture better products. The company calls itself the "organism company" because it designs and prints DNA, the building blocks that support all living things.Read more: CNBC »
Josh Brown tells sportscaster Al Michaels what to do with IBM
NBC's Sunday Night Football announcer Al Michaels joins the Halftime Report with his questions and comments on the markets as well as his preview of this weekend's matchup between the San Francisco 49ers and the Indianapolis Colts.
Prenetics, a Covid-19 Testing Startup, to Go Public in SPAC MergerPrenetics Group Ltd. is going public on the Nasdaq Stock Market in a merger with special-purpose acquisition company Artisan Acquisition, in a deal valuing the Covid testing company at $1.25 billion.
Taiwan Battery-Swapping Pioneer Gogoro to Go Public in SPAC MergerTaiwan’s Gogoro will go public in the U.S. via a special-purpose acquisition vehicle merger with Poema Global Holdings that values the battery-swapping pioneer at more than $2.3 billion. nice Serve Jesus with the 3rd year food tithe in Deuteronomy 26:12, that God fills your house with food and gives you eternal life in Matthew 25:46 amen.
On’s IPO Is A ‘Starting Line’ For The Fastest-Growing Athletic Shoe Brand In U.S.Launched in 2010 by Olivier Bernhard, Caspar Coppetti and David Allemann with the brand's unique CloudTec technology for running, the distinct outsole technology quickly caught on in the running community with the Cloud silhouette and the brand immediately expanded out of Switzerland. LOVE EACHOTHER! SHARE THE LOVE! wow Hayaalroumi187
Taiwan calls for quick start to trade talks with EUTaiwan's government called on the European Union to quickly begin trade talks after the bloc pledged to seek a trade deal with the tech-heavyweight island, something Taipei has long angled for.
Federer-backed shoemaker On valued at over $11 bln in NYSE debutShares of Roger Federer-backed On Holding AG jumped more than 47% in their debut on the New York Stock Exchange on Wednesday, valuing the shoemaker at about $11.35 billion.
Canadian Pacific, Kansas City Southern Agree to Roughly $30 Billion DealCanadian Pacific Railway and Kansas City Southern have agreed to a roughly $30 billion deal that if approved would be the first major railroad merger in the U.S. in about two decades.