There is no denying that SPACs are trending and will continue to thrive. But as with any business transaction, it is important to consider the big picture and gain as much knowledge as possible to make informed decisions.
Day: August 30, 2022
SPACs have existed for a long time, but they are currently experiencing a renaissance after a troubled history. Created in the 80s of the 20th century and tracing back their origin to the blank check companies, in the first decade they gained a reputation of penny-stock frauds as scams and financial scandals multiplied.