Chapter
Accountability for SPAC Deals
01:14 - 05:26 (04:11)
The market is going to hold SPAC leaders accountable for deals that were retraded causing IPOs to be discounted by 20% and 30%. With the expiration of SPACs approaching, market scrutiny is increasing.
Clips
The market is scrutinizing the actions of individuals involved in Special-Purpose Acquisition Companies (SPACs), and the prevalence of deals getting retraded or discounted is increasing.
01:14 - 05:26 (04:11)
SPACs
Summary
The market is scrutinizing the actions of individuals involved in Special-Purpose Acquisition Companies (SPACs), and the prevalence of deals getting retraded or discounted is increasing. There are concerns about the backgrounds of some business leaders participating in SPACs and negative consequences for those who engage in unethical behavior or whose companies fail.