Short Sellers Targeting SPACs: Report

The great boom of special purpose acquisition companies in 2020 is creating another one in its wake: a boom in SPAC shorts, Institutional Investor reports.

So far this year at least six companies that went public by merging with a SPAC have been targeted by short sellers.

And short sellers, who are using SPACs as a screen to look for ideas, say more are on the way. Read more.

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SPACs: Insider IPOs

New research by Usha Rodrigues of the University of Georgia School of Law and Mike Stegemoller of Baylor University suggests process flaws in SPACs could tarnish the market as a whole.