Trump, Lucid, Better and Buzzfeed round out a rough week for SPACs: Morning Brief

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Wednesday, December 8, 2021

Blank-check companies have matured, but still look like the ‘Wild West’

It’s been a rough week for special purpose acquisition companies, the funding vehicles better known as a SPAC.

Once upon a time referred to as “blank-check” companies, SPACs are firms that go public with the express purpose of raising capital to…


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