SPAC IPOs Surge

Global Finance – In a story about Special Purpose Acquisition Companies, Healthy Markets Executive Director Tyler Gellasch is quoted saying “SPACs are fraught with peril for investors. Investors often have only a short time to review disclosures. Traditional IPOs, by contrast, require months for investors to uncover potential flaws, as happened in the canceled WeWork offering. That doesn’t happen with a SPAC.” (Full Story).

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