I think it will. SPACs are still relatively young, so we will see continued evolution. But there certainly is a degree of scrutiny and focus in terms of how these transactions are put together.

Asked to put this in simple terms, Watkins explains: “It used to be that sponsors could realize five times their initial investment in setting up and running a Spac if they secured a business ...

The SPAC boom took hundreds of risky companies to the stock market. The next stop for many is bankruptcy court. Dozens of companies that merged with SPACs are running out of cash, joining at ...

They can frighten as debt or reassure as backstops. The $260bn raised by special-purpose acquisition companies (spacs) since the start of 2020 lacks the multitrillion-dollar aura of federal debt ...