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What's Next for SPACs


What s Next for SPACs
With prices, mood, interest, IPO valuation, and deal valuations all coming down, SPAC investors are asking what comes next.
Author:

SPACs joined Tuesday s tech selloff with the average price of a pre-deal SPAC hitting $9.90 that s 10 cents below NAV. It s ironic that in a SPAC market that is much more rational (and tradable) than during peak SPAC earlier this year investors have lost much of their enthusiasm. 
Volume across the board has gone down for SPACs with an
average daily volume dropping from 580,000 in February dropping to 104,000 in April. In some ways this is good as the higher volumes were partly a sign of some irrational SPAC exuberance, but at these levels investors will be very worried about efficiently pricing as they get in / out of SPACs. ....

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Lifshitz Law Firm, P.C. Announces Investigation of BMTC, WSFS, CAHC, CBAN, SCSG, INDB, EBSB, INSW, DSSI, MCAD, VER and O


Bryn Mawr Bank Corporation (NASDAQ: BMTC) - WSFS Financial Corp. (NASDAQGS: WSFS)
Lifshitz Law Firm, P.C. announces investigation into possible breach of fiduciary duties in connection with the sale of BMTC to WSFS for 0.90 WSFS shares per BMTC share.
If you are a investor, and would like additional information about our investigation, please complete the Information Request Form or contact Joshua Lifshitz, Esq. by telephone at (516)493-9780 or e-mail at [email protected].
CA Healthcare Acquisition Corp. (NASDAQ: CAHC)
Lifshitz Law Firm, P.C. announces investigation into possible breach of fiduciary duties in connection with the merger of CAHC to LumiraDx Limited. ....

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