Hydrogen Fuel Company eCombustible in Talks for $1B SPAC Deal

While the SPAC will have a broad mandate to invest across sectors, it may consider deals in technology, industrials and financial services.

About half of 151 SPACs have no women on their board, Bloomberg reports.

Since early April, at least nine health firms — predominantly medical devicemakers and drug developers — have agreed to mergers to go public via US special purpose acquisition companies, accounting for roughly 40% of the deals announced in that period.