[barbecue_sauce]

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.

[flerchin]

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.

[joshu]

ok. what do we call the companies still in search of an acquisition target?