Off-Topic Recent WSJ Article on SPACS

[SpikeUM]

With all the recent discussions about Ruiz, his Spac and Spacs in general......

The SPAC Ship Is Sinking. Investors Want Their Money Back.

One of the pandemic’s hottest trades is cooling down, as the hype surrounding “blank-check” companies gives way to reality. The threat of tighter regulation is looming, and high-profile stumbles have taught investors some tough lessons.

www.wsj.com

 

[SpikeUM]

SPAC Startups Made Lofty Promises. They Aren’t Working Out.

The hot upstarts that went public via blank-check companies are missing revenue and earnings targets—sometimes months after making those forecasts.

www.wsj.com

Another SPAC article

 

[AutoCANE]

Don’t kill my buzz, bro