Now that the SPAC boom and its mid-February crest are behind us, what should we make of the current pause? How do we make sense of the slowdown? What forces will shape what happens next? … READ MORE >
special purpose acquisition companies
CHART OF THE DAY: Health care sector rides the SPAC wave
Amid the recent gyrations in the equity markets, special purpose acquisition companies, better known as SPACs, have continued to gain favor, particularly among retail investors flush with savings. And in the middle of this frenzy is the health care sector. … READ MORE >
How SPACs and direct listings are reshaping the capital markets
The volume and dollar value of public listings went on a tear last year as private companies took advantage of a bullish stock market to raise cash at attractive valuations. … READ MORE >
CHART OF THE DAY: The SPAC boom accelerates
With January about half over, announced listings for SPACs have already surpassed the combined total for the first five months of 2020. At this pace, January will match or possibly exceed the record-setting month of last September, when announced listings peaked. … READ MORE >
CHART OF THE DAY: December is anticipated to be the biggest on record for IPOs
Special purpose acquisition companies (or SPACs) have been hot this year, but the traditional initial public offering is closing out the year even stronger. … READ MORE >
CHART OF THE DAY: A record year for SPACs
Special purpose acquisition companies (SPACs) are continuing their blockbuster year, with dollars raised in 2020 already beating the total from the previous 10 years combined, according to data from Bloomberg. … READ MORE >
Once derided, special purpose acquisition companies go mainstream amid turbulent markets
For an increasing number of firms, the special purpose acquisition company has become a favored way to go public. SPACs are on pace for a record year of fundraising and have helped to sustain the initial public offering market even during the COVID-19 pandemic. … READ MORE >