Streetbeat News

BSAQ

Black Spade Acquisition Co

Open

11.10

Mkt cap

221M

Volume

465K

High

11.76

P/E Ratio

40.19

52-wk high

22.80

Low

9.11

Div yield

N/A

52-wk low

9.11

Shares of Vietnamese electric vehicle (EV) manufacturer Vinfast Auto are trading at $31 in the premarket on their first day of trading, following the completion of a SPAC merger.

Portfolio Pulse from Charles Gross

August 15, 2023 | 10:10 am

Vietnamese EV maker VinFast is set to begin trading on the Nasdaq, but the Environmental Protection Agency (EPA) has listed the company’s vehicles with disappointing range. VinFast vehicles are priced similarly to Tesla's Model Y, but offer a significantly lower driving range. VinFast has completed its SPAC merger with Black Spade Acquisition Co and its shares will begin trading on the Nasdaq under ticker symbols VFS.

Portfolio Pulse from Anan Ashraf

August 15, 2023 | 6:06 am

Vinfast and Black Spade Acquisition Co (BSAQ) have completed their business combination. The details of the deal or its implications were not provided in the article.

Portfolio Pulse from Benzinga Newsdesk

August 14, 2023 | 9:10 pm

The article lists the stocks that gained and lost the most in Monday's mid-day session. Zynerba Pharmaceuticals, Taysha Gene Therapies, Hanryu Holdings, TMC the metals company, and United States Steel Corporation were among the top gainers. On the other hand, BioXcel Therapeutics, Hawaiian Electric Industries, Aurora Acquisition Corp., AMC Entertainment Holdings, and Jet.AI Inc. were among the top losers.

Portfolio Pulse from Lisa Levin

August 14, 2023 | 4:49 pm

Several stocks experienced significant price movements in Friday's mid-day session. Amyris, Inc. (AMRS) and Proterra Inc. (PTRA) both filed for Chapter 11 bankruptcy, causing their shares to jump 179.1% and 37% respectively. Rigetti Computing, Inc. (RGTI), Telesat Corporation (TSAT), Ouster, Inc. (OUST), Evolv Technologies Holdings, Inc. (EVLV), Innodata Inc. (INOD), Apyx Medical Corporation (APYX), IonQ, Inc. (IONQ), 2U, Inc. (TWOU), Groupon, Inc. (GRPN), Bitdeer Technologies Group (BTDR), MicroCloud Hologram Inc. (HOLO), Tango Therapeutics, Inc. (TNGX), Eton Pharmaceuticals, Inc. (ETON), ModivCare Inc. (MODV), WeWork Inc. (WE), Arco Platform Limited (ARCE), Semler Scientific, Inc. (SMLR), Soho House & Co Inc. (SHCO), CleanSpark, Inc. (CLSK), Consolidated Water Co. Ltd. (CWCO), Apellis Pharmaceuticals, Inc. (APLS), Pagaya Technologies Ltd. (PGY), Erasca, Inc. (ERAS), NextNav Inc. (NN), and Holley Inc. (HLLY) all reported better-than-expected results, causing their shares to rise. Cano Health, Inc. (CANO) reported worse-than-expected results and is pursuing a sale process, causing its shares to dip 70.7%. Yield10 Bioscience, Inc. (YTEN) announced pricing of a $3.7 million public offering, causing its shares to fall 58.1%. Maxeon Solar Technologies, Ltd. (MAXN) reported mixed results and issued FY23 revenue guidance below estimates, causing its shares to fall 32%.

Portfolio Pulse from Lisa Levin

August 11, 2023 | 5:47 pm

Vietnamese EV maker VinFast is offering a 10-year or 125,000 miles bumper-to-bumper warranty on its new vehicles, far exceeding the basic warranty of four years offered by Tesla, BMW, and Mercedes. VinFast also provides a 10-year warranty on the battery and 24/7 emergency roadside assistance. The company entered the U.S. market in March and is expected to begin trading on the Nasdaq following a SPAC merger with Black Spade Acquisition Co.

Portfolio Pulse from Anan Ashraf

August 11, 2023 | 3:09 am

Black Spade Acquisition Co (BSAQ) and VinFast have announced that their shareholders have approved their merger, which is expected to close on August 14. This news has led to an increase in BSAQ's share price.

Portfolio Pulse from Benzinga Newsdesk

August 10, 2023 | 6:24 pm

Shares of Black Spade Acquisition (BSAQ) have resumed trading.

Portfolio Pulse from Happy Mohamed

August 10, 2023 | 5:56 pm

Shares of Black Spade Acquisition (BSAQ) were halted on a circuit breaker due to a significant upside movement. The stock is now up by 77.5%.

Portfolio Pulse from Happy Mohamed

August 10, 2023 | 5:52 pm

Trading of Black Spade Acquisition (BSAQ) shares has resumed.

Portfolio Pulse from Happy Mohamed

August 10, 2023 | 5:07 pm

All corporate logos and prices are for illustrative purposes only and are not a recommendation, an offer to sell, or a solicitation of an offer to buy any security.