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Faraday Future Hits Public Markets Via SPAC

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Los Angeles-based Faraday Future is now a publicly traded company, after a successful acquisition by a special purpose acquisition company (SPAC) called Property Solutions Acquisiton Corp., the company said on Wednesday afternoon. Faraday Future will begin trading today under the ticker symbols FFIE and FFIE.WS.

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Southern California Linked IPOs Grow

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The number of Southern California related initial public offerings is growing steadily upwards, as Gevo --originally started in Pasadena, and based on technology out of Caltech and UCLA--hit the market this morning. Gevo is just the latest in a surge of companies hitting the public markets which have Southern California links.

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Southern California Firms Queue Up For The Public Market

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The long list of Southern California high tech companies lined up for the public markets just got a little longer this morning, with the addition of Inphi Corp. The high level of IPO activity--if those firms manage to make it to market--would make this year one of the most active IPO years here since the dot com bust.

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Eleven of Southern California's Firms In The Alternative Vehicle Market

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On the heels of the much heralded IPO of Silicon Valley electric car darling Tesla Motors today on the NASDAQ, investors are now looking to what other firms might benefit from the electric vehicle market--and what appears to be a growing appetite for IPOs. Tags: vehicle auto energy electric acquisition merger tesla.

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Southern California's Top 10 Most Popular Tech Stories Of The Year

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What was Southern California's technology community most interested in 2012? BetterWorks--headed by prolific angel investor Paige Craig--apparently was not able to sustain a large enough market, relative to its high costs of customer acquisition. The Complete Guide To Southern California Accelerators and.

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Amazon.com Now Owns 42 Whole Foods Market Stores In SoCal With $13.7 Billion Buy

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Online e-commerce giant Amazon.com now owns roughly 40 grocery stores in Southern California, in what is the company's biggest foray into the grocery store market to date. Amazon and Whole Foods announced Friday that Amazon is acquiring the Whole Foods Market grocery store chain, in a $13.7 billion deal.

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Insights and Opinions: Returns From Southern California IPOs

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For today's Insights and Opinions section, we have the third and final article on Southern California IPOs and returns from Jon Funk. Jon discusses the returns from Southern California IT IPOs between 1995 and 2009. Markets displayed a healthy rationality, pricing these IPO's at an average of $366 million.