SPACs: A Dying Trend
The conversation dives into the decline of SPACs, highlighting the significant losses investors have faced, with 95% trading below their merger price. While there’s a consensus that regulatory measures are necessary, the potential for a resurgence in SPAC popularity remains, driven by investors' short memories and the allure of hot new companies. Both agree that the damage has been done, but the market's cyclical nature could see SPACs make a comeback in the future.In this clip
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