2min chapter

Forward Guidance cover image

SPACs Are Bonds, Actually | Louis Camhi

Forward Guidance

CHAPTER

The SPAC Redeemal Rate in March 2023

In the first quarter of 2021, the redemption rate was 12%. We're still seeing really elevated redemption rates. June is looking better because we saw one deal, but June was, again, two weeks in, halfway through, it was 80%. Remember, yes, we were in a suitable market, but the deals that are closing now were announced six months ago,. arguably during one of the most challenging times.

00:00

Get the Snipd
podcast app

Unlock the knowledge in podcasts with the podcast player of the future.
App store bannerPlay store banner

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode

Save any
moment

Hear something you like? Tap your headphones to save it with AI-generated key takeaways

Share
& Export

Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode