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Spac Investing Strategy: Cio Shares How To Pick And 3 Of His Favorites

by businessinsider.com posted 1month ago 26 views
Summary List PlacementJust like the newly filed Do It Again Corp., SPACs are doing it again — breaking the record month after month. According to Goldman Sachs, 90 Special Purpose Acquisition Companies raised $32 billion in IPO capital in February, the largest issuance month on record. Year-to-date, 204 blank-check companies have raised $65.4 billion compared to the $83.4 billion raised by the 248 SPACs last year, according to SPAC Research. "The blistering pace of issuance is likely unsustainable.

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