Archive: special purpose acquisition companies
Angel Insider: SEC Proposes SPAC Rule Changes
By Early Investing on April 12, 2022
SPACs (special purpose acquisition companies) soared in popularity last year. In 2021, the market saw a record 613 SPAC ICOs. The popularity of these “blank check companies” is unsurprising. Going public via IPO is a complicated and expensive process. For many startups, going public via SPAC is a much simpler process. But SPACs have been under fire recently for not performing well. And it’s become clear that…