Global

SPAC surge turns to slump as scrutiny increases

  • As SPACs have come under greater scrutiny, unique risks are now coming to light

  • Alleged SPAC scams underline these risks

  • The market has begun to punish the space due to corporate governance issues

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This report is independent investment research as contemplated by COBS 12.2 of the FCA Handbook and is a research recommendation under COBS 12.4 of the FCA Handbook. Where it is not technically a research recommendation because the subject of the research is not listed on any European exchange, it has nevertheless been treated as a research recommendation to ensure consistent treatment of all Tellimer's research. This report has been produced by the analyst(s) named above (the "Analyst").

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