Editor’s Note: This article was updated on Jan. 25, 2021, to correct the current ticker for Queen’s Gambit.
The week may be winding down, but it seems like SPAC merger news continues to heat up.
In fact, this week brought major moves in more than ten special purpose acquisition companies. For investors less familiar with this world, SPACs are public companies that merge with private companies. Essentially, SPACs help private businesses avoid the IPO process. Importantly, following the pandemic selloff in March, investors have had a huge appetite for new offerings. That means SPAC mergers have dominated the