Assessing SPAC Risk After SEC Pumps Brakes On Market

By Julie Copeland and Ellen Graper (May 13, 2021, 2:14 PM EDT) -- Special purpose acquisition companies, or SPACs, have been on fire since 2020. After an average of only 23 SPAC initial public offerings between 2003 and 2019, 248 SPACs went public in 2020 and 308 have gone public so far in 2021. SPACs represent 76% of all IPOs in 2021....

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