Some 204 SPAC sponsors have debuted on the public market this year through March 2, raising $56 billion, Yahoo Finance reports. In all of 2020 — a record year for SPAC IPOs — some 223 SPAC sponsors came to market. At the current pace, the 2020 record could be eclipsed by this weekend.
SPACs could generate more than $700 billion in acquisition activity in the next two years, Goldman Sachs projects. Read more.
