Special purpose acquisition companies or short SPACs have risen dramatically in popularity. CNBC calls them “one of Wall Street’s hottest trends”
Tag: SPAC
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SPACs as the Symptom to Reform the IPO process
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6 min read
CNBC, 2021 But what is a SPAC, and what makes them so popular at all? Furthermore, how can we improve the IPO process due to the SPAC mania?