Archive: special purpose acquisition companies

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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…