Stock Takes: The hidden risks in Rocket Lab's SPAC listing
13 May, 2021 05:00 PM
9 minutes to read
The SPAC which is set to merge with Rocket Lab has already attracted thousands of Kiwi investors. Photo / File
The SPAC which is set to merge with Rocket Lab has already attracted thousands of Kiwi investors. Photo / File
Thousands of Kiwis have already invested in the special-purpose acquisition company (SPAC) that is likely to be merged into Rocket Lab despite it not being a done deal yet.
Leighton Roberts, co-founder and co-CEO of
Sharesies said 3000 of its users had already invested in the Nasdaq-listed Cayman Islands-incorporated Vector Acquisition and it is in the top 100 most popular investments on its platform out of a possible 5000 options.