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SPACs liquidating faster this year than in 2022

Por: New York Post Business May 19, 2023

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We’re less than halfway through the year, but nearly $30 billion from so-called has already been returned to investors. That’s about 50% ahead of the pace set in 2022, when a whopping $45 billion from special-purpose acquisition companies, or SPACs, got liquidated and sent back home, according to data compiled by SPACInsider, an industry research firm. “Between debt ceiling and bank failures it’s been a rough start of the year,” Kristi... + full article



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