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LCID True Believers Buy the Dip; SPACs Take a Breather

LCID True Believers Buy the Dip; SPACs Take a Breather
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.

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Virgin Orbit to go Public via NextGen Acquisition Corp. II

Virgin Orbit to go Public via NextGen Acquisition Corp. II
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.

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Khosla taking Nextdoor Public in $4.3B Deal and CF Acquisition Announced Satellogic $850M Deal

Khosla taking Nextdoor Public in $4.3B Deal and CF Acquisition Announced Satellogic $850M Deal
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Less Angst in SPAC Land + Wallbox in a $1.5 SPAC Deal

The improving narrative is supported by stable, positive market dynamics. Don t be surprised to see retail and others getting back into SPACs if the market continues this way. ....

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Two Big SPAC Deals (SRNG, AURC) After Monday's Mess

Two Big SPAC Deals (SRNG, AURC) After Monday s Mess
Monday was a painful day for SPAC investors with 75% of pre-deal SPACs dropping farther and 3 deals actually dropping on the news. Will today s deals from SRNG and AURC turn the tide?
Author:

At the close yesterday the average pre-deal SPAC was at $9.87 even further from NAV than investors have seen in a long time. Even worse, the three morning deals all closed lower:
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LIV Capital (LIVK) -0.1% to $9.99
Today s two deal announcements are mega deals and could potentially turn the tide, but given the market s overall state and SPACs still being clogged, it will take a lot. ....

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