Business & Finance

Reuters exclusively reports Fusion SPAC aims to beat London rush with new blank-check firm

Reuters exclusively reported Fusion Acquisition CEO John James is in talks to launch a new blank-check company which could list in London in the coming weeks, with the aim of becoming the first to take advantage of a new British SPAC (special purpose acquisition companies) regime. James, who runs two Nasdaq-listed SPACs – Fusion Acquisition Corp and Fusion Acquisition Corp II – is working with JPMorgan on a third Fusion investment platform. The plan, backed by Fusion chairman Jim Ross, who spent more than two decades focused on exchange traded funds, is the latest by a SPAC entrepreneur who has turned serial investor during the blank-check company boom of 2020 and 2021.

Article Tags
Topics of Interest: Business & Finance
Type: Reuters Best
Sectors: Equities
Regions: Europe
Countries: England
Win Types: Exclusivity
Story Types: Exclusive / Scoop
Media Types: Text
Customer Impact: Important Regional Story
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