106 days ago • Posted by Jasper Lawler

New SPACs grind to a halt - Did the SEC burst the bubble?

New SPAC listing have dropped to just 2 per week versus around 20 per week for most of 2021. Is it just a lull or did the celebrity warning from the SEC deter SPAC demand?

The SEC warned on March 10:

The SEC’s Office of Investor Education and Advocacy (OIEA) cautions investors not to make investment decisions related to SPACs based solely on celebrity involvement. 

New SPACs grind to a halt - Did the SEC burst the bubble?
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