The message seems clear given recent deSPAC performance and continuing short seller reports SPACs are a yield play and investors shouldn t hold beyond ex-redemption.
Churchill (CCIV) & Lucid Sets its Vote Date thestreet.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thestreet.com Daily Mail and Mail on Sunday newspapers.
SPACs are Here to Stay thestreet.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thestreet.com Daily Mail and Mail on Sunday newspapers.
The improving narrative is supported by stable, positive market dynamics. Don t be surprised to see retail and others getting back into SPACs if the market continues this way.