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Marker Editors

Mar 9, 2021

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2 min read
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Number Crunch

The Beginning of the End of the SPAC Frenzy

Blank-check companies are running out of viable companies to acquire

An illustration featuring the Number Crunch logo next to the text “370: The number of SPACs, or blank-check companies, that are actively looking for a target company to merge with and take public. Source: CNBC” over a background of a blank check.

370: That’s how many “blank-check companies,” otherwise known as special-purpose acquisition companies (SPACs), are actively looking for a target company to merge with and take public, according to CNBC.

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