Examining SPAC Performance Pre- & Post-Merger

A Special Purpose Acquisition Company (SPAC) is a shell company, without its own business operations, that goes public in order to someday acquire an operating company. The deal structure has become exponentially popular since 2019, with big names like Chamath Palihapitiya, Shaquille O’Neal, Betsy Cohen, and Alex Rodriguez all joining the SPAC party. But why … Continued