Now, you may have never heard of this type of investment vehicle, but they are making an impact on the finance sector of the cannabis industry.
SPAC Market Discount Deepens; More to Come?
Over 35% of pre-deal SPAC units closed under $10 and just over 50% of pre-deal SPAC common did the same.
Why Buy a SPAC Before It Identifies a Target?
Investing in a special-purpose acquisition company, or SPAC, that hasn’t yet identified which business it plans to take public might seem highly speculative. And in some ways, it is.
Exclusive: Wheels Up in talks with SPAC to go public: sources
Wheels Up Partners LLC is in talks to go public through a merger with blank-check acquisition company Aspirational Consumer Lifestyle Corp. in a deal which could value the private jet charter company at more than $2 billion, people familiar with the matter said on Monday.
Goldman CEO Says SPAC Explosion ‘Unsustainable’
Goldman Sachs CEO David Solomon said he doesn’t think the current special purpose acquisition company (SPAC) boom is sustainable, the Financial Times (FT) reported.
Recent SPAC IPO Performace
The most recent SPAC IPO Performance as December 16, 2020.