Global banks flee the monster SPAC market they helped create
Their pullback follows an intense boom in the vehicles over the past couple of years, as financiers, politicians and celebrities piled...
News by FinTech Collective
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SEC proposes new disclosure requirements for SPACs
The proposed rule would hold SPACs and the companies they acquire to similar standards as traditional IPOs, SEC officials said. Under the...
Some investors find stability in SPACs
Shares of special-purpose acquisition companies have lost their luster for those who recently saw them as a ticket to fast riches. That...
After early investors flee SPAC deals, day traders rush in
Investor withdrawals were minimal early in the year as SPAC shares soared, but have risen with many blank-check companies trading below...
SPAC transactions come to a halt amid SEC crackdown, cooling retail investor interest
Just last month, special purpose acquisition companies celebrated a head-turning milestone by breaking their 2020 issuance record in just...
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