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Tag: blank-check

The Great SPAC Liquidation

Not so long ago, everybody couldn’t wait to get a piece of special purpose acquisition companies, more commonly known as SPACs. The hoopla enticed celebrities such as media mogul Jay-Z, tennis star Serena Williams and even former President...

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Delaware Court Decision Adds to SPACs’ Woes

Not so long ago, special-purpose acquisition companies – more commonly known as SPACs – were Wall Street’s next big thing. The blank-check entities unofficially became a fad around the time SPACs affiliated with celebrities such as Shaquill...

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