An Overview of the SPAC Market: Problems, Solutions, and Prospects
DOI:
https://doi.org/10.47611/jsrhs.v12i1.3898Keywords:
Business, Finance, Economics, SPACs, IPOsAbstract
This paper aims to present the current problems, solutions, and prospects of SPACs in the United States. First, the report introduces how SPACs function and merge with private companies. Then, it examines the advantages and disadvantages of the SPAC process, especially when contrasted with traditional IPOs. Finally, moving to more current events, it establishes the decline of SPACs in the past year before concluding with the new rules proposed by the SEC. We will also predict the future of SPACs and how the SEC's reforms will impact the market. The paper provides a bird's-eye view of the current status of SPACs in the United States, serving as a foundation for any expectations regarding SPACs.
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Copyright (c) 2023 Ada Sun; Wenyu Wang
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