• 11/10/2024

SPACs Delivered Easy Money, Now Companies Are Running Out

Wall Street Journal

Dozens of companies that merged with SPACs are running out of cash, joining at least 12 that have already gone bankrupt after combining with special-purpose acquisition companies.

https://www.wsj.com/articles/spacs-delivered-easy-money-now-companies-are-running-out-7291b8a8