It was a slow week for the SPAC market, with three deal announcements and only a couple rumored deals. There also were no new SPAC offerings during the week — unusual for a market segment that has been so hot over the last year. Benzinga’s “SPACs Attack” covered the deals and news of the week.
SPAC mania has come to a screeching halt. Just last month, special purpose acquisition companies celebrated a head-turning milestone by breaking their 2020 issuance record in just three-month’s time.
SPACs were one of the hottest investment stories of 2020 and look to continue that momentum into 2021. Here are 10 SPACs and former SPACs that could outperform for investors in 2021.
Did you miss the SPAC merger news this week? Here are the top 13 stories you need to know.
Mark Locke sees the U.S. as an emerging growth market for sports betting.