Who says the DVD is dead? Not DVD rental giant Redbox, which believes the discs not only have life to them, but also that they’d make a good investment.
The SEC’s recent guidance on special purpose acquisition companies has had a “chilling” effect on the market, the firms say.
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.
Special purpose acquisition companies are promising 100% and 200% profits in mere days. Who wouldn’t want a piece of that action?
These special purpose acquisition companies are merging with manufacturers that are driving the future of the automotive industry.