Spacs can be profitable, but do your sums: Expert
SINGAPORE – Despite claims by detractors, special purpose acquisition companies (Spacs) can provide opportunities for both retail investors and start-up companies to benefit from the flush of liquidity that has […]
Traditional IPOs outperform Spacs as blank-cheque frenzy cools
NEW YORK (BLOOMBERG) – Special-purpose acquisition companies (Spacs) may have become the hottest must-have for business tycoons, celebrities and even athletes, but old-school initial public offerings (IPOs) have quietly outperformed […]
Asia’s ultra-rich are piling investments into blank-cheque firms
HONG KONG (BLOOMBERG) – Asia’s richest families and individuals are jumping on the Spac wagon, investing in the blank-cheque companies that have taken global markets by storm. Family offices including […]
Blank-check company craze that’s taken Wall Street by storm now spreading to Asia
HONG KONG (BLOOMBERG) – A raft of funds and financiers in Asia is leveraging their deal-sourcing capabilities and understanding of US capital markets to jump on one of the hottest […]
Market volatility, giant valuations prompt warnings of IPO bubble
NEW YORK • The initial public offering (IPO) market is manic. Stocks have not been this expensive since the dot.com era. The Nasdaq 100 has doubled in two years, leaving […]