If beauty is in the eye of the beholder, those with a hand in the SPAC market are seeing quite a pretty picture, Reuters reports. More than 300 U.S. SPAcs have listed already in 2021, according to Refinitiv, outpacing previous records at this stage in a calendar year by more than 10-fold. They have minted billions for their creators and put an indelible contemporary spin on how companies go public. Read more.
The Art of the SPAC: From Sublime to Ridiculous
