Are SPACs a good investment?
In the past 2 years Special Purpose Acquisition Companies, or SPACs, have become a popular route for private companies to become listed on publicly traded markets. If you don’t know what a SPAC is, we suggest going back and watching our previous video.
In this video, we want to focus on whether a SPAC is good investment. Of course, each SPAC will be different, and returns will vary. However, recently our partners at Ycharts pulled data on 72 different SPACs. Their research gives us some insights we wanted to discuss.