de-spac Archives - Toh Han Boon

The rise of SPAC boom – SPAC IPO

Toh Han BoonApril 22, 2021April 23, 2021Financede-spac, hedge fund, PIPE, rise of spac, SPAC, SPAC boom, SPAC IPO, special purpose acquisition company, what is a SPAC?

The rise of SPAC boom were a significant catalyst in pushing the stock market to record highs in 2020 and early 2021. Between 2009 to 2019, there is an average of just 20 SPACs in a year. However, in 2020 alone, there was a total of 248 SPACs created. Then in 2021, in the first […]