As special purpose acquisition corporations (SPACs) continue to enter the mainstream investment market, we may see their role change and potentially increase among institutional investors. Historically, SPACs were often neglected due to an overwhelming amount of negative feelings towards these investments. Interestingly, this phenomenon is shifting.
While this negativity holds some merit, SPACs have become increasingly popular due to recent changes. We explain the role of SPACs and details like:
- Definitions and details about SPACs and their purpose today
- Why they have continued to gain recent popularity and rapid growth
- What investment opportunities they can create for institutional portfolios
- Public opinion of SPACs and how it has recently changed