What’s a SPAC and could Wall Street’s hottest craze end in tears? Radmilla Suleymanova © Over 550 SPACs have filed to go public on United States exchanges in the year to date, seeking to ra. Over 550 SPACs have filed to go public on United States exchanges in the year to date, seeking to raise $162bn, according to Bloomberg data [File: Spencer Platt/Getty Images]
What do Shaquille O’Neal, Colin Kaepernick, Peyton Manning and Richard Branson have in common? Yes, they’re all famous and/or rich. But they are also linked with one of the hottest investing phenomena of the moment: SPACs, or special purpose acquisition companies.
What s a SPAC and could Wall Street s hottest craze end in tears? | Banks News
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What s a SPAC and could Wall Street s hottest craze end in tears?
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