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SPACs: is the party over?

A LIRE OU A RELIRE - Article publié dans le mensuel d’OCTOBRE 2022   While the world was quite thrilled about the expansion of SPACs in 2021, it seems now obvious that a shift has occurred over the course of the year.   A success in recent years based on three factors   As a reminder, a special purpose acquisition company (“SPAC”) refers to an empty company listed on a stock exchange that seeks to raise large sums of cash from the public, with the intent of using this capital to find and acquire a private target company (usually within two years).   Although SPACs have been around for decades, their popularity has increased dramatically in 2020 and 2021, as they accounted for 15%...
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