There are ready buyers in the form of spack companies that are looking for merger parter. I think maybe you might actually see some more activity. It's not going to be on the same frothy level as when nicola came public through a spack in the middle of 20 20 and it was as if the stock price had been shot out of a gun. And i'm not saying in any way that spacks are a leading indicator of down turns or recessions, o anything like that. But i would pay more attention in the future about what types of companies are coming public this way.
Hey, what happened to all of those SPACs going public? Dylan Lewis and Bill Mann look back on the great SPAC boom, when more than $240 billion flowed into blank check companies between 2020 and 2021, and discuss: - The incentives that both created the boom and bust - Rare SPACs that may have a bright future ahead - A potential arbitrage opportunity for investors watching SPACs
Stocks mentioned: NKLA, DKNG, LCID, QS, UTZ
Additional resource: What Are SPACs in Finance? - https://www.fool.com/investing/how-to-invest/stocks/spac/
Host: Dylan Lewis Guest: Bill Mann, Chamath Palihapitiya Producer: Ricky Mulvey Engineers: Dan Boyd, Rick Engdahl
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