Amid new regulatory scrutiny, investors are reportedly “cooling to one of the hottest bets on Wall Street,” cutting the flow of new SPAC issues “to a trickle while share prices…
Tag: SPAC
Hedge Fund Issues SPAC Warning
In a recent newsletter to investors, hedge fund firm Marshall Wace co-founder Paul Marshall issued a warning regarding the surge in special purpose acquisition companies (SPACs). This according to an…
The Explosion of SPACs -- Should You Care?
By Justin J. Carbonneau (@jjcarbonneau) — The odds of finding a pearl in your restaurant oyster are 1 in 10,000 to 1 in 12,000 depending on the species of mollusk.http://goldsteinsjewelers.blogspot.com/2014/06/gem-mythbuster-pearls-found-in.html This is an article…
SPAC Attack is Invading Wall Street
Special purpose acquisition companies, or SPACs, are quickly becoming a “favorite source of financing for private companies looking to go public,” according to a recent article in The Wall Street…
The Ins and Outs of SPAC
Unique rights give to early investors in special-purpose acquisition companies (SPACs)—which aim to purchase promising startups and then take them public—if benefiting some of the “biggest players in finance, particularly…