Market Analysis
SPAC Renaissance is Over as Acorns Ditches Plans Over ‘Market Conditions’
Once considered a smart IPO strategy, SPACs are not that attractive to companies in 2022.
BTC$64,404.00+1.41%
ETH$1,735.23+1.35%
USDT$0.9987-0.03%
USDC$0.9998-0.01%
XRP$1.15+0.47%
SOL$73.62+3.99%
TRX$0.3259+1.16%
FIGR_HELOC$1.03+0.00%
HYPE$69.66+0.17%
DOGE$0.0835+0.21%
USDS$0.99970.00%
RAIN$0.0144-0.09%
LEO$9.58+0.13%
ZEC$470.17-0.15%
XLM$0.2155+1.13%
BTC$64,404.00+1.41%
ETH$1,735.23+1.35%
USDT$0.9987-0.03%
USDC$0.9998-0.01%
XRP$1.15+0.47%
SOL$73.62+3.99%
TRX$0.3259+1.16%
FIGR_HELOC$1.03+0.00%
HYPE$69.66+0.17%
DOGE$0.0835+0.21%
USDS$0.99970.00%
RAIN$0.0144-0.09%
LEO$9.58+0.13%
ZEC$470.17-0.15%
XLM$0.2155+1.13%
PARA fell 5.19% to $11.35 on Monday as the company's board faced criticism from a significant shareholder over a potential merger.
Once considered a smart IPO strategy, SPACs are not that attractive to companies in 2022.