That is from 2021 , did you look at what each is trading at . 1 @ 50+ with a 1/10 stock split and a merger , 1 @ 9+ rest under a dollar .
SPAC was the thing then , they have fallen out of favor ,
Because of their high risk and poor historical returns, SPACs probably aren’t a suitable investment for most individual investors. But given attention seen in 2020 and 2021, and the increase in successful SPAC IPOs, the tide may change. If you decide to invest in SPACs, proceed cautiously and do thorough research ahead of time.
Investing in SPACs: Is It Worth It? - The Balance
www.thebalancemoney.com/investing-in-spacs-is-it-worth-it-5114999
www.thebalancemoney.com/investing-in-spacs-is-it-worth-it-5114999
Investing in Special Purpose Acquisition Companies (SPACs) has both pros and cons, and whether they are a good investment can depend on various factors.
Pros:
Speed and Efficiency: SPACs can offer speed and efficiency in the acquisition process1.
Diversification Opportunities: They provide diversification opportunities1.
Increased Liquidity: As they trade on public markets, they offer increased liquidity1.
Cons:
Trust in Promoters: An investor in a SPAC IPO trusts that promoters are successful in acquiring or merging with a suitable target company in the future2.
Reduced Oversight: There exists a reduced degree of oversight from regulators and a lack of disclosure from the SPAC2.
Risk of Overhype or Fraud: This burdens retail investors with the risk that the investment may be overhyped or even fraudulent2.
Cost: The cost of a SPAC IPO can be expensive3.
It’s important to note that investing always involves risks, and past performance does not guarantee future performance4. Therefore, it’s recommended to do thorough research and consider seeking advice from a financial advisor before making any investment decisions. Please remember that all investments carry some level of risk, including the potential loss of principal invested4.
Learn more:
1. supermoney.com
2. investopedia.com
3. schroders.com
4. russellinvestments.com
5. informaconnect.com
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