High Redemption Rates See SPACs Relying on Alternative Financing

SPAC

SPAC investors have increasingly taken advantage of their “money-back guarantee” through redemption rights. To keep deals from collapsing, SPAC management teams turn to alternative financing — offering convertible notes, plumping up PIPEs and more. Reuters examines this trend and what it may mean for SPACs in the near term. Read more.

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