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An oversaturated SPAC market yields a combination of terminations and extensions as deal pressure intensifies. And the rest of the day’s news in SPACs.
Inflation, rising interest rates, and reduced corporate earnings across the board have led to persistent market gyrations which prove its too early for bottom fishing. The stampede out of deSPACs now makes it ‘deal-or-die’ time for those without targets.
Two SPAC deals today; some important votes this week. And the rest of the day’s news in SPACs.
The week ends with a third automotive tech deal announcement. S-1s continue to be filed. And the rest of the day’s news in SPACs.
