Wall Street thought 2020 was the Year of the SPAC, or special purpose acquisition company (SPAC). Turns out, this title was premature. We’re not quite three months into 2021, and yet U.S. SPACs have already raised more money than the record $83.4 billion that was raised in all of 2020. click to enlarge So what exactly are SPACs, and […]
The post What Are SPACs, and Why Is Everyone Talking About Them Right Now? appeared first on ETF Trends.