bearish
The Art of the Deal
SUMMARY
- The last week of SPACs was packed with activity, including deals, bankruptcies, and IPOs.
- Two new deals are announced including a SPAC taking a digital commerce platform connecting buyers and sellers public, and a blank-cheque firm merging with a company producing large format projection screens for the entertainment industry.
- Also, a used car retailer could declare bankruptcy three years after debuting through a SPAC, and an advanced nuclear fission company sees its shares plummet after completing a SPAC merger.
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