How Did They Do? - Revisiting Carbon, SPACs, Silver, Convertible Bonds, and Frontier Markets
Money For the Rest of Us
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The Conflicts Between Investing in SPACs and Private Companies
A SPAC has two years to find an acquisition target. If they can't find one within two years, if they're not given an extension, they have to return the money. And by and large, investing in SPACs has not been a great deal for shareholders.
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