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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 ...
Blank-cheque company Digital World's private investors want to drastically reduce the terms of a financing deal, says FT. The SPAC shareholders are set to vote on its proposed combination with ...