SPACs are Wall Street’s latest craze, attracting everyone from celebrities to retail investors. An alternative to the traditional IPO, SPACs could transform tech investing and supercharge innovation.
SPAC Week returns with Joe Crouthers, Co-Founder and CEO of Ceres Group Holdings, who discusses why they’re focused on the plant-touching side of the sector.
One of the surprising developments in the last year was the boom in SPACs. The so-called blank check companies raised more money in 2020 than they had in the several years prior combined.
This year’s stock market boom has coincided with a boom in new listings.