Wall Street Gets Experimental with IPOs — SPACs Are Gaining Popularity

This year Wall Street has become inundated with ‘special purpose acquisition companies’. More commonly known as ‘SPACs’. SPACs account for one in every five dollars raised from IPOs in the US this year. Which begs the question, why choose a SPAC over a regular IPO?


Source: Money Morning – Wall Street Gets Experimental with IPOs — SPACs Are Gaining Popularity

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