Amidst all of the De-SPAC Bankruptcies, liquidity issues, and frauds, it’s been hard for investors to pinpoint strong, established businesses that deliver consistent returns.
In fact, only a handful of companies in the three years since SPACs became a popular vehicle retained or saw their valuation increase.
So it’s good to see businesses like jewelry wholesaler Quality Gold to debut through a SPAC deal.
Begin exploring Smartkarma's AI-augmented investing intelligence platform with a complimentary Preview Pass to:
Unlock research summaries
Follow top, independent analysts
Receive personalised alerts
Access Analytics, Events and more
Join 55,000+ investors, including top global asset managers overseeing $13+ trillion.