One year ago, investors were watching special purpose acquisition companies carefully, InvestorPlace writes. Companies such as Clover Health and ChargePoint helped set the stage for months of merger mania. Then, in the fall, former President Donald Trump announced that his newest media venture would be going public via reverse merger, sending Digital World Acquisition stock through the roof. While DWAC has eclipsed most SPAC coverage since then, there are plenty of other SPACs to watch as a new year takes shape.
As experts search for the defining market trends of 2022, a new SPAC bubble is already forming.
Prominent companies in the tech and crypto mining sectors are planning SPAC mergers. Last year’s trend of pet care companies going public is also set to continue. Read more.
