SPACs Try For A Comeback News ad
Is the SPAC back? Maybe, a little. As a group, special purpose acquisition companies have crashed and burned spectacularly. Some 860 SPACs raised money from investors in the frenzied years 2020–2021, according to corporate advisor Kroll. Less than 100 survived. Most SPACs simply folded and returned cash to investors without ever making an acquisition. Those … Read more
