The clock is ticking on an Alexandria, Va., company formed last year for the purpose of buying banks. Community Bankers Acquisition Corp., like most "blank-check" companies, had 18 months from its ...

A Virginia bank company formed for the purpose of buying community banks has struck its second deal before the first one has closed. The so-called “blank-check” company, Community Bankers Acquisition ...

Arlington-based Capitol Investment Corp. V raised $300 million through its initial public offering, the special purpose acquisition company (SPAC) announced Wednesday.. Led by Chairman and CEO Mark D.

State Sen. David Suetterlein, R-Roanoke County, says the General Assembly recently handed Gov. Ralph Northam a "$1 billion blank check." His comment came in an Aug. 9 floor speech, moments before ...

So far in 2025, 61 blank check companies have gone public, raising $12.4 billion as of June 26, though it’s hard to assess their success since it typically takes months for a SPAC to complete an ...