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Re: None

Monday, 03/14/2022 11:22:00 AM

Monday, March 14, 2022 11:22:00 AM

Post# of 143345
"The blank check structure is not a new concept, having gone back to at least the 1980s. Back then, they were commonly populated by lower-quality or even fraudulent companies.

These days, they are often backed by white shoe investment banks, including Goldman Sachs, Morgan Stanley, JPMorgan, and other prominent investors, and listed on leading exchanges like the NYSE or NASDAQ. Goldman underwrote its first SPAC IPO in 2016.

They are traditionally popular in the TMT space (technology, media, and telecommunications), healthcare, and retail."
https://www.daytrading.com/spac-blank-check-companies