“We have to recognize that SPACs have eaten the normal IPO market”: Bullpen Capital Founder & General Partner

SGX earlier this month announced new rules allowing SPACs to list on its platform.

Digital World Acquisition Corp., the SPAC merging with Trump Media & Technology Group, has shed 29% of its value in the last month.

New Refinitiv data shows which investment banks are dominating as SPAC IPOs hit $77 billion in Q1 2021.