Crypto companies aiming to go public through a SPAC may be running out of time to close the deals, Barron’s reports. More than a dozen crypto businesses are trying to go public through SPACs.
SPAC issuance boomed in 2020 and 2021 with 861 SPACs issuing shares. This year, however, just 70 SPACs have gone public. And several high-profile ones have fizzled after failing to find a buyout target. Read more.
