SEC Commissioner Speaks on IPOs and the Rise of SPACs
Reynolds Holding
APRIL 28, 2022
13] See Joanna Makris, SPAC Market Review , March 2022, Boardroom Alpha (April 1, 2022) (“Redemptions were 82% in [March 2022], down from 89% in February.”). [14] The capital structures can also be complicated, with public warrants, private warrants, forward purchase warrants, and working capital warrants. [33]
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