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4 SPAC Mergers Worth $16 Billion Were Announced on Wednesday. What You Need to Know.
Nicholas Jasinski
Updated Feb. 25, 2021 9:43 am ET / Original Feb. 24, 2021 1:23 pm ET
Another day, another flood of start-ups going public via mergers with blank-check companies.
An electric air taxi company, an AI-powered robotics firm, a 3D-printing start-up, and an Indian wind and solar energy utility all announced transactions with special purpose acquisition companies, or SPACs, on Wednesday morning. The deals are set to bring some $16 billion worth of new companies public. All are in some of the trendiest and most futuristic pockets of the market, and they expect to have about $800 million in combined revenue this year.
https://www.barrons.com/articles/4-spac-...eid=yhoof2
Nicholas Jasinski
Updated Feb. 25, 2021 9:43 am ET / Original Feb. 24, 2021 1:23 pm ET
Another day, another flood of start-ups going public via mergers with blank-check companies.
An electric air taxi company, an AI-powered robotics firm, a 3D-printing start-up, and an Indian wind and solar energy utility all announced transactions with special purpose acquisition companies, or SPACs, on Wednesday morning. The deals are set to bring some $16 billion worth of new companies public. All are in some of the trendiest and most futuristic pockets of the market, and they expect to have about $800 million in combined revenue this year.
https://www.barrons.com/articles/4-spac-...eid=yhoof2
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