BCLS Acquisition Corp.

2 min to read

News

October 23, 2020October 23, 2020

Bain execs Adam Koppel and Jeffrey Schwartz line up $125M for their first blank check deal as Wall Street continues to embrace biotech

Adam Koppel and Jeffrey Schwartz have jumped into the blank check game, raising $125 million for a stock listing in search of a company.

#SPACs

Century Financial @Century_Fin·

Vistas Media Capital announced $150 plus million multi-strategy fund to invest in #SPACs in MENA region.

@khaleejtimes publishes insights of Vijay ... Valecha, CIO, on growing SPACs trend & need of regulation to protect #investor’s interest.

https://bit.ly/3qcpw6K
@VijayValecha49

Reply on Twitter 1406592767917277189 Retweet on Twitter 14065927679172771893 Like on Twitter 14065927679172771893 Twitter 1406592767917277189

ACEMAXX ANALYTICS @acemaxx·

#memestocks #Tesla and other #bubble stocks have deflated just like 2000 --- fashionable areas of clean #energy , electric #cars , #cannabis stocks ... and #SPACs have dropped sharply, chart @WSJecon https://on.wsj.com/3gHtG2i

Reply on Twitter 1406570328512413696 Retweet on Twitter 1406570328512413696 Like on Twitter 14065703285124136963 Twitter 1406570328512413696

DataWisdomx @DataWisdomx·

Interesting- boom in #SPACs is "fueled by conflicts of interest and compensation to corporate #insiders at the expense of #retail investors, attempt ... by #sponsors and targets to end-run longstanding rules designed to promote fair and #efficientmarkets."
https://www.google.com/amp/s/www.businessinsider.com/spac-boom-sec-retail-investors-blank-check-companies-regulation-2021-3%3famp

Reply on Twitter 1406520772839972864 Retweet on Twitter 1406520772839972864 Like on Twitter 1406520772839972864 Twitter 1406520772839972864

DataWisdomx @DataWisdomx·

Why do #retailinvestors invest in #SPACs 🤔 Only #sponsors and company management get gains, retail losses 🍩. Looking at #chamathpalihapitiya ... #king 👑 of spacs #CLOV #IPOD #IPOF #MP etc. Most are at or below issue price after brief rally. Broader #Market #commodities have gained

Reply on Twitter 1406519020770103301 Retweet on Twitter 1406519020770103301 Like on Twitter 1406519020770103301 Twitter 1406519020770103301