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silvermintz

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silvermintz

Re: skichic post# 729

Thursday, 06/23/2022 2:44:55 PM

Thursday, June 23, 2022 2:44:55 PM

Post# of 949
SPACs have deadlines to get a deal done. https://www.finra.org/rules-guidance/notices/08-54

"A SPAC typically must complete an acquisition within 18 to 24 months, and must use at least 80 percent of its net assets for any such acquisition. If it fails to do so, then it must dissolve."
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