So, SPACs Are Dead Meat? Not a Chance | Chief Investment Officer
So, SPACs Are Dead Meat? Not a Chance The craze for the blank check outfits might have dwindled, due to the SEC, but they’re still a good investing choice, our symposium panelists say. SPACs have gotten spanked lately, with the Securities and Exchange Commission (SEC) warning about them and the once-energetic crowd of new ones shrinking. But the slowing of the craze over special purpose acquisition companies (SPACs) is a good thing because it allows investors to better evaluate them, culling out the best, according to a panel on the subject at “SPACs are here to stay, although at a lower...
Source: ai-cio.com