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A SPAC Risk Exposed?

A SPAC Risk Exposed?
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Warren Buffett Piles on SPACs and CF Finance Lowers Deal Valuation

Warren Buffett Piles on SPACs and CF Finance Lowers Deal Valuation It was a bad day for SPACs as Warren Buffett piled on SPACs; CF Finance lowered their deal valuation with AEye; and today s MAAC deal had no pop. Author: May 3, 2021 Stocks were mixed on Monday, the S&P500 was up / NASDAQ down, though this morning s SPAC M&A deal (MAAC) once again underperformed. MAAC closed up just 0.9% and below NAV at $9.95 marking yet another disappointing day-1 pop for newly announced SPAC M&A. Warren Buffett and Charlie Munger held Berkshire Hathaway s much watched virtual annual meeting over the weekend, and one of the talks of the town today (aside from naming his CEO successor) was his view on killer SPACs:

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