CIOs and Bow Ties

CIOs and Bow Ties


The SPAC market starts 2022 with abysmal losses, abandoned deals

February 28, 2022

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points form the article:


- The SPAC market starts 2022 with abysmal losses, abandoned deals


- Companies that went public via blank-check deals have been among those worst affected by January's tech-driven sell-off


- SPACs that have completed their mergers and taken their target companies public, tumbled 23% in January, even more abysmal than the tech-heavy Nasdaq Composite's 9% loss when it suffered the worst month since March 2020



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