Bill Ackman is planning to take his investment firm public as soon as next year, the boldest move yet by the hedge-fund ...

At the IPO, SPACs do not have business operations ... which became the largest-ever SPAC: Pershing Square Tontine Holdings, which raised $4 billion in its offering on July 22, 2020.

On Monday, Ackman told shareholders in a letter that the board of his special-purpose acquisition company, Pershing ... another SPAC if it doesn't use all the funds it raises in its IPO.

The IPO is now expected to be priced later in this coming week or early in the following week, according to a person familiar with the situation. On Friday, Pershing Square USA said in a statement ...