BowX Acquisition Corp

BowX Acquisition Corp. operates as a blank check company. It is formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination. The company was founded on May 19, 2020 and is headquartered in Menlo Park, CA. Redemption Price: 10. Warrant Coverage: 1/3.

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WeWork, Inc. engages in the provision of flexible workspace solutions. It offers access to office spaces, internet connection, and other shared facilities. The company was founded in 2010 and is headquartered in New York, NY.

The Special Purpose Acquisition Company (SPAC) begins trading publicly. During this phase the SPAC looks for a target company to merge with or acquire.

SEARCHING PHASE

The SPAC announces which company it will be acquiring (and taking public).

PREVIOUS PHASE

Investors and shareholders will meet to approve the acquisition.

CURRENT PHASE

WeWork

The office-leasing company halted initial plans for an IPO in 2019 after investors raised concerns over its business model and then-CEO Adam Neumann.

WeWork prepares to go public through SPAC merger after botched IPO

WeWork is going public through a SPAC deal as the future of workplaces and commercial real estate beyond the Covid-19 pandemic is still unclear.

As WeWork goes public, here's what its executive chairman and CEO think about the future of work and the company

When WeWork's plans for a blockbuster initial public offering imploded in 2019, the company became a poster child for the excesses of venture capital and startup culture in the post-2008 era.

WeWork is going public two years after its plans for a blockbuster IPO imploded. A lot has changed

The shared-workspaces company is finally making its stock market debut after the ouster of Adam Neumann, a failed IPO, and several rocky years. WeWork is finally making its debut on the stock market—but the road to going public hasn't been a smooth one and today's listing isn't a traditional IPO.

WeWork goes public: WE stock trades on NYSE in SPAC deal

Just two years after nearly going broke, WeWork is now a public company, with a valuation of about $9 billion.

WeWork Goes Public, Defying Great Odds. Here's What You Need to Know.

MENLO PARK, Calif. & NEW YORK--(BUSINESS WIRE)--BowX Acquisition Corp. (NASDAQ: BOWX, BOWXU, AND BOWXW) (“BowX”), a special purpose acquisition company, and WeWork Inc., a leading global flexible space provider, today announced the completion of their business combination. The combined company will now operate as WeWork Inc. and will begin trading on the New York Stock Exchange under the ticker symbol “WE” on October 21, 2021. Sandeep Mathrani, CEO of WeWork, said, “Today is a testament to the

WeWork and BowX Acquisition Corp. Announce Closing of Business Combination to Create Publicly-Traded Leading Flexible Space Provider

WeWork's financial woes and aborted IPO made headlines in 2019, but two years later the office-sharing giant is returning to Wall Street after seeking to renew itself in response to the pandemic.

WeWork back to Wall Street, two years after fiasco

Special purpose acquisition company BowX Acquisition Corp. said Tuesday its shareholders approved the previously announced business combination with shared-workspace company WeWork Inc.

SPAC shareholders approve deal that will take WeWork public

MENLO PARK & NEW YORK--(BUSINESS WIRE)--BowX Acquisition Corp. (NASDAQ: BOWX, BOWXU, AND BOWXW) (“BowX”), a special purpose acquisition company, today announced that in a special meeting held today, its stockholders voted to approve its business combination with WeWork Inc. (“WeWork”), the leading flexible space provider. The business combination was supported by 97.9% of the votes cast at the meeting, representing approximately 77.6% of BowX's outstanding shares. The business combination is ex

BowX Acquisition Corp. Announces Stockholder Approval of Business Combination with WeWork

MENLO PARK, Calif. & NEW YORK--(BUSINESS WIRE)--BowX Acquisition Corp. (NASDAQ: BOWX, BOWXU, and BOWXW) (“BowX”), a special purpose acquisition company, reminds stockholders to vote in favor of its proposed business combination with WeWork Inc. (“WeWork”) ahead of its special meeting scheduled for October 19, 2021, at 11:00 AM Eastern Time (the “Special Meeting”). Holders of BowX common stock as of the record date of September 14, 2021, should vote their shares even if they no longer own them a

BowX Acquisition Corp. Reminds Stockholders to Vote in Favor of the Proposed Combination with WeWork Before October 19, 2021

MENLO PARK, Calif. & NEW YORK--(BUSINESS WIRE)--As previously announced on March 25, 2021, BowX Acquisition Corp. (“BowX”) and WeWork Inc. (“WeWork”) entered into a definitive merger agreement, providing for a business combination (the “Business Combination”) that will result in WeWork becoming a publicly listed company. As previously announced in the definitive proxy statement/prospectus that was filed with the Securities and Exchange Commission on September 20, 2021 and was sent to all BowX s

BowX Acquisition Corp. Announces Planned Transfer of Listing to NYSE in Connection with Its Proposed Business Combination with WeWork Inc.

NEW YORK--(BUSINESS WIRE)--WeWork, one of the leading global flexible space providers, today hosted a virtual Investor Day ahead of its planned combination with BowX Acquisition Corp. During the presentation, WeWork's Chief Executive Officer, Sandeep Mathrani, Chief Financial Officer, Ben Dunham, and VP, Investor Relations and Corporate Development, Chandler Salisbury, presented a detailed overview of WeWork's market position, strategy, and growth plans as companies around the world prepare for

WeWork Provides Investor Day Highlights, Announces Preliminary Q3 Business Updates

WeWork is finally going public after its failed 2019 IPO. The pandemic has created an unexpected tailwind with enterprise clients for the flexible workspace company.

WeWork Attempts To Stage Its Redemption On The Public Market

NEW YORK--(BUSINESS WIRE)--WeWork announced today that it will host an Investor Day on Thursday, October 7, starting at 11:30 AM ET.

WeWork to Host Investor Day on Thursday, October 7, 2021

The shared-workspace company expects to list its shares on the New York Stock Exchange under the "WE" ticker symbol.

WeWork is set to go public via a SPAC deal in October - 2 years after its disastrous IPO attempt

MENLO PARK, Calif. & NEW YORK--(BUSINESS WIRE)--BowX Acquisition Corp. (NASDAQ: BOWX, BOWXU, and BOWXW) (“BowX”)), a special purpose acquisition company, has filed its definitive proxy statement/prospectus with the Securities and Exchange Commission (the “SEC”) and established September 14, 2021 as the record date in connection with the previously announced proposed business combination with WeWork Inc. (“WeWork”), the leading flexible space provider. The definitive proxy statement contains imp

BowX Acquisition Corp. Announces Filing of Definitive Proxy Statement and Sets October 19, 2021 for Stockholder Meeting to Vote on Business Combination with WeWork

New York, New York--(Newsfile Corp. - September 1, 2021) - The following statement is being issued by Levi & Korsinsky, LLP:To: All Persons or Entities who purchased BowX Acquisition Corp. ("BowX" or "Company") (NASDAQ: BOWX) stock prior to March 26, 2021.You are hereby notified that Levi & Korsinsky, LLP has commenced an investigation into the fairness of the merger of BowX with WeWork. Under the terms of merger, shareholders of BowX will own approximately...

SHAREHOLDER ALERT: Levi & Korsinsky, LLP Notifies Investors of an Investigation into the Fairness of the Merger of BowX Acquisition Corp. with WeWork

Office-sharing startup WeWork said on Thursday it had won a U.S. federal contract to provide hybrid work solutions to government employees, as a spike in COVID-19 cases prompts employers to reconsider a complete return to offices.

WeWork to provide hybrid work solutions to U.S. government employees

WASHINGTON--(BUSINESS WIRE)--WeWork, one of the leading global flexible space providers, was awarded a Flexible Coworking Services (FCS) contract by the U.S. General Services Administration (GSA), the federal agency responsible for providing a workplace to government employees. Under the FCS contract, WeWork will be able to provide flexible solutions for the new hybrid world of work to government agencies and employees. The GSA awarded WeWork the contract alongside four other pre-approved contr

WeWork Awarded U.S. Federal Government's First Flexible Coworking Services Contract

WeWork has gone one step further than everyone when it comes to flexible working. The office space provider is planning to let customers rent desks on a pay-as-you-go basis, as it tries to cater to people who need a break from home working.

WeWork to offer pay-as-you-go office space in UK

WeWork reported Friday a second-quarter net loss that widened slightly from a year ago, but was less than half that of the first-quarter, as the flexible-office-space company said recovery trends that started earlier this year accelerated. WeWork is set to go public by way of a merger with special purpose acquisition company (SPAC) BowX Acquisition Corp. BOWX, -0.40% WeWork reported a net loss of $888.85 million for the quarter ended June 30, compared with a loss of $863.83 million in the year-ago period but down from $2.06 billion in the first quarter.

WeWork's Q2 net loss widens from a year ago but is less than half that of Q1 as recovery accelerates

Office-sharing startup WeWork reported on Friday a smaller net loss for the second quarter as companies increasingly turned to hybrid work strategies.

Office-sharing startup WeWork posts smaller second-quarter loss

NEW YORK--(BUSINESS WIRE)--WeWork, one of the leading global flexible space providers, today reported financial results for its second quarter ending on June 30, 2021. Company Operating Results As of June 30, WeWork's global real estate portfolio included 763 locations across 38 countries, supporting approximately 937,000 workstations and 517,000 total memberships Consolidated new desk sales totaled 98,000 in the second quarter, including new desk sales of 21,000 in April, 29,000 in May, and 48

WeWork Reports Second Quarter 2021 Results

Saks Fifth Avenue owner Hudson's Bay Co will convert parts of some department stores into co-working spaces, which will be managed by office-sharing startup WeWork, the companies said, at a time when many employees are negotiating remote-work policies.

WeWork to operate co-working spaces in some Saks Fifth Avenue stores

Cushman & Wakefield plc

According to reports from The Wall Street Journal, leading commercial real estate company Cushman & Wakefield PLC (NYSE: CWK) and shared office space firm WeWork is discussing a possible $150 million partnership to help them navigate the new age of flexible work environments and remote working. Cushman to spend $150 million in merger deal with […] The post WeWork and Cushman & Wakefield Considering a $150 million Partnership appeared first on Invezz.

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