The message seems clear given recent deSPAC performance and continuing short seller reports SPACs are a yield play and investors shouldn t hold beyond ex-redemption.
With so many SPACs fitting the mold of technology companies sensitive to interest rates it was no surprise they fell alongside the broader tech sell-off.
Hyzon to deliver 85 H2 trucks to Europe by year s end electrive.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from electrive.com Daily Mail and Mail on Sunday newspapers.
Blend Labs, Imago BioSciences join Bay Area s record run on Wall Street debuts bizjournals.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bizjournals.com Daily Mail and Mail on Sunday newspapers.
A SPAC Risk Exposed? thestreet.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thestreet.com Daily Mail and Mail on Sunday newspapers.