Sons And Daughters Of BBCMF [BIRTH OF SPAC BLANK CHECK ENTITIES]

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The SPAC Bubble Has Popped. Where to Find Bargains Now.
By Al Root and Nicholas Jasinski
May 14, 2021 9:05 pm ET
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The SPAC bubble has popped.

After a three-month run of immense popularity to start 2021, special purpose acquisition companies have seen investor appetite dry up. New issuance has slowed to a trickle. Those still seeking merger partners have been hit hard, while those that have completed mergers have been hit harder.