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Chamath Palihapitiya's SPAC Track Record Means Double-Digit Losses For You. Here Are The Details On All His Deals

Benzinga

Chamath Palihapitiya was one of the biggest names in the SPAC market in 2021 and when times were good for new companies going public, Palihapitiya had some of the best-performing deals of that year. The Palihapitiya SPACs: Virgin Galactic Holdings Inc (NYSE: SPCE ): Space travel. Price: $6.88. Return: -31.2%.

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Gibson Dunn Offers 2022 Year-End Securities Litigation Update

Reynolds Holding

We examine developments in federal securities litigation involving special purpose acquisition companies. This figure is significantly lower than in 2016, when the Delaware Court of Chancery effectively put an end to the practice of disclosure-only settlements in In re Trulia Inc. Stockholder Litigation , 29 A.3d 3d 884 (Del.