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by bingohbangoh 1477 days ago
These are not the vehicles going under but the company itself. They've "de-SPAC'd" so to speak.
1 comments

I feel like the title is a bit inaccurate. Once the acquisition has been completed, the company is no longer a SPAC. The title implies existing SPACs (companies that have not yet completed an acquisition) are somehow going bust.
At least to me, the intent is clear. Companies that recently went public via SPAC are at risk of failing due to the nature of SPACs and current market conditions.
ok. what do we call the companies still in search of an acquisition target?