SPAC Attack

Special Purpose Acquisition Companies (SPAC, otherwise known as “blank check” companies) are all the rage these days. In more sane times, these would have been considered laughable, if not criminal, but we live in a strange era. This is a gently reminder that these beasts – – even those blessed with really cool ticker symbols – – are no sure thing.

SPAQ

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William K. 4 weeks ago Member's comment

A reminder that just because somebody wants to sell something, and actually offers it for sale, it may be that none wish to buy it. Shades of "E-Bay", but with less truth in advertising.

Thanks for the update.