Browsing Tag

SPACs

Momentum shares like Tesla, Zoom and SPACs are stalling

The same soaring stocks that pulled investors public last year left the newcomers in the dark, CNBC's Jim Cramer said Monday."The House of Pleasure has walls made of traditional stocks that are being scrutinized, but the House of Pain has…

Learn how to Repair SPACs – The New York Instances

Lynn E. Turner, a former chief accountant for the Securities and Exchange Commission, described the proposed fix as "an excellent idea." Because sponsors are promoting, "here's what we're going to do during this period," he said, "they…

Why SPACs May Depart Buyers within the Chilly

The misalignments are severe.SPAC sponsors say they are putting their reputation on the line, especially if they plan to repeat the process. This applies to series sponsors such as tech investor Chamath Palihapitiya, experienced banker…