11 May 2021
SPACs losing momentum as investors shy away
According to GlobalData, a leading data and analytics company, US stock exchanges saw a total of 301 SPAC IPOs priced, raising $87.6 billion in the first 15 weeks of 2021. SPAC IPOs set a new record in the first 12 weeks of the current year, having accounted for 77% of the total listings and 66% of the total capital raised. Rajeev Gupta, Director - Financial Markets Data, GlobalData shares some of the key advantages and disadvantages of a SPACs listing, and what the SPACs initial public offerings (IPOs) has been like in 2021.

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