SPAC Momentum? 3 New Monday Deals
SPAC Momentum? 3 New Monday Deals Three Monday morning SPAC deals (HCIC, STPC, LIVK) carry over Friday's quantity-based momentum, but will investors be excited and deliver any deal pops? Author: ** Three SPAC deals kick this morning off carrying over momentum from Friday's 3 deals. Friday's deals were mixed with LifeSci Acquisition II Corp (LSAQ) having the most positive reaction from investors and jumping 6.6% on their announced deal with ACON 52's (STWO) deal with ESS gave a small boost, but it still ended the day 10 cents off of NAV at $9.90. So, while Friday gave the feel of momentu...
Source: thestreet.com