[HN Gopher] The Great SPAC Scam: SPACs a Great Deal for Sponsors...
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       The Great SPAC Scam: SPACs a Great Deal for Sponsors, but Not
       Others
        
       Author : rexreed
       Score  : 8 points
       Date   : 2021-12-21 21:36 UTC (1 hours ago)
        
 (HTM) web link (www.mergersandinquisitions.com)
 (TXT) w3m dump (www.mergersandinquisitions.com)
        
       | Animats wrote:
       | Right. You pay 20% of the company's value to avoid some legal
       | fees and SEC scrutiny. And then there's an average net loss for
       | investors.
        
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       (page generated 2021-12-21 23:00 UTC)