What Are SPACs and Where Are the Risks?

What Are SPACs and Where Are the Risks?

2020 was a blockbuster year for SPACs, with approximately $64 billion raised in funds (compared to $67 billion for IPOs). 2021 is expected to follow suit. But how knowledgeable are investors on the pitfalls and risks of these investments? How does a SPAC work and how...