Bright Canadian News Today : Breaking News, Live Updates & Top Stories | Vimarsana

The special purpose acquisition company SPAC IPO boom of 2021 fizzled in 2022 as SPAC IPO activity declined sharply a trend that will likely continue in 2023. In 2021, there were a record-breaking 613 SPAC IPOs whereas, as of March 2023, there have only been seven SPAC IPOs. This marked decrease in SPAC IPO activity has been driven by rising interest rates, inflation and changes in the regulatory landscape due to increased scrutiny by the SEC. That said, mergers between U.S.-listed SPACs and targets a de-SPAC transaction have proven to be more resilient than might be expected, as new business combinations are still being announced weekly.

United statesBennett joneXenia wongGordon cameronThomas bauerBennett jonesRumble incCantor fitzgeraldYork stock exchangeHammerhead energy incExchange commissionDecarbonization plus acquisition corporationCf acquisition corpHammerhead resources incBorealis foods incWritten by gordon cameron