​SPAC Is Back With Biggest Monthly Flow Of Deals & Proceeds Since 2022 – Tyler Durden

SPAC Is Back With Biggest Monthly Flow Of Deals & Proceeds Since 2022 After a blockbuster year in 2021, with athletes and celebrities promoting blank-check offerings, the SPAC bubble imploded and has since been depressed under a high interest rate environment that the Federal Reserve kicked off in early 2022. But more than three years later, signs of life have returned to the black-check market ahead of the Fed’s interest rate-cutting cycle that could begin in just weeks.  Bloomberg data shows $2 billion was raised across nine US-listed special-purpose acquisition companies in August, the largest flow of deals and proceeds since early 2022. Avi Katz’s GigCapital Global…  — Continue at ZeroHedge News : Read More