15 SPAC Mergers in 30 Days 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.
Top Stocks 2021: If You Only Buy One SPAC Stock, It Better Be Tuscan Holdings Navigating pre-merger SPAC stocks can be tricky, but keep your eye on growth and valuation Apr 27, 2021, 10:40 am EDT April 28, 2021
Editor’s Note: This article is a part of our
“If You Only Buy One Stock” series where we look at 2021’s most popular investing trends and have our top financial journalists make their very best pick. Click here to see more names for your must-buy list.
SPACs, or special purpose acquisition companies, were one of the hottest investing trends in 2020 and early 2021. These types of entities, also known as blank-check companies, are shell companies that initially go public via a regular initial public offering, and raise capital.
SPAC Boom or Bust?
SPAC true believers say the boom is about to begin, but the media says it s over and the bubble has burst. Which is it?
Author:
Apr 23, 2021
After another day of SPAC red,
there are now over 300 SPACs that have common shares trading under $10. This is the real test now for SPAC investors. Believers will see this as the ultimate opportunity to prepare for a SPAC boom and drive hard on the yield + optionality play that SPACs offer. But, for those less confident in the SPAC narrative, and the growing number of pure doomsayers fueled by the media, this will be the ultimate sign of the SPAC market s capitulation.
Q1 2021 Health IT/Digital Health PC/VE, M&A, IPOs/ SPACs Activity
by Healthcare Growth Partners (HGP)
The first quarter of 2021 has been one of investor optimism as the vaccine rollout continues ahead of expectations and economic activity begins to accelerate in response. Within the Health IT industry, the already strong investment and M&A trends seen in 2020 have only accelerated. Over the course of the quarter, we observed $7 billion in private equity and venture capital investment across 158 companies.
By comparison, Q1 of 2020 saw $3.2 billion and 127 investments. Health IT M&A activity has also been strong in the first quarter, with 114 transactions observed compared to just 88 in Q1 of 2020. The gradual loosening of pandemic restrictions and government stimulus both promise to continue to fuel this strong market activity into Q2 and into the future.
This Eastertide is not yet as joyful as we all hoped it would be even a few weeks ago, and the past year has been joyless indeed.
The lockdown may be easing, but achingly slowly. However, Easter is a time for reflection as well as celebration, so that gives us a little more time to think about the strange period we have been through and what might come next. This is a financial story and an economic story.
The financial story is quite extraordinary. Viewed from anywhere other than London this is a raging bull market.
The new normal?: This Eastertide is not yet as joyful as we all hoped it would be even a few weeks ago