The Blank-Check Boom Poses Pitfalls for Investors – Wall Street Journal – 03/14/21

The Blank-Check Boom Poses Pitfalls for Investors

Private companies are flooding to special-purpose acquisition companies, or SPACs, to bypass the traditional IPO process and gain a public listing. WSJ explains why some critics say investing in these so-called blank-check companies isn’t worth the risk.

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