SPAC crackdown: SEC proposes new rules stripping its advantages over traditional IPOs

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Publish Date:
March 30, 2022
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MarketWatch
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Summary

A recent analysis of SPAC transactions by Michael Klausner and Emily Ryan of Stanford University and Michael Ohlrogge of NYU found that investors who stick with a SPAC through its acquisition of a target company end up with median net cash per share of just $5.70.

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