Many of the multitude of SPACs that have popped up in recent years and raised giant piles of money will fold in 2021 and 2022, a New York Times columnist predicts, among other prognostications. The SPAC coverage begins about a third of the way into the column. Read more.
Related Posts
Digital World and Trump Media Should Call Off Their Deal: Report
For Truth Social to grow, it needs investment. But that seems increasingly unlikely to come from DWAC, given the molasses-like speed at which the legal investigations are proceeding. And it's DWAC that might be in legal hot water, not Truth Social.
SPACs Face Increasing Hurdles in Race to Close Deals: Report
It is forcing some dealmakers behind blank-check companies to trim their profits in a race to differentiate themselves from the pack, PitchBook reports.
Singapore Hosts Third SPAC Listing; Novo Tellus-Backed Firm Makes Debut
Novo Tellus Alpha Acquisition raised $111 million.
A WeWork SPAC was Looking Promising. Then Delta Happened: Report
The shares of BowX Acquisition Corp, the blank-check firm that WeWork plans to merge with and go public through, have also sagged alongside much of the SPAC market.