SPACs sound arcane, but make buckets of money for Indy investors - Indianapolis Business Journal
SPACs sound arcane, but make buckets of money for Indy investors FREE NEWSLETTERS Novus Capital Corp. agreed to buy Kentucky-based AppHarvest in September. The indoor-farming company lost $8.1 million in the first nine months of 2020 but reached a milestone this week when it began shipping its first harvest of beefsteak tomatoes to grocers. (AP photo) A nontraditional way to take companies public is booming on Wall Street—and making bucketsful of money ...
Source: ibj.com