Stay updated with breaking news from Context Capital. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Monetization of legacy asset brings in $3 million in nondilutive capital Convertible notes exchange brings in another $2.8 million in new capital and reduces Biora's net debt SAN DIEGO, March 11, 2024 (GLOBE
Brian Snyder/Reuters; Michael Loccisano/Getty Images; Samantha Lee/Insider This story is available exclusively to Insider subscribers. Become an Insider and start reading now. Investing in blank-check companies has made hedge funds big winners in the SPAC boom. Some market insiders are wary that SPAC mania may be bad news for mom-and-pop investors. Insider spoke with a dozen people to understand what's driving the SPAC boom and how it'll end. Hedge funds have been big winners in the blank-check-company mania that's gripped markets ov...