Yard Couch
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Yard Couch

SPACs Have Suddenly Lost Their Appeal

How legal issues are slowing down the industry

Image from Canva

SPACs were all the craze in 2020.

Special Purpose Acquisition Companies (SPACs), also known as blank check companies, exploded in popularity last year. There were over 200 SPACs in 2020, with gross proceeds that far exceeded 2018 and 2019 combined.

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Cody Collins

Cody Collins

14.8K Followers

Top writer in Investing, Economics, Technology, and Business. Check out my publication on Medium: Yard Couch. Email: cjcollins1997@gmail.com