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$63,271.00+0.79%
ETH$1,706.62+0.17%
USDT$0.9991+0.09%
USDC$0.9999-0.01%
XRP$1.13-1.02%
SOL$69.29-0.19%
TRX$0.3231+0.91%
FIGR_HELOC$1.04+3.34%
HYPE$69.98+3.14%
DOGE$0.0831-0.07%
USDS$0.99970.00%
RAIN$0.0144-0.39%
LEO$9.49-1.26%
ZEC$462.49+1.34%
XLM$0.2182-6.94%
BTC$63,271.00+0.79%
ETH$1,706.62+0.17%
USDT$0.9991+0.09%
USDC$0.9999-0.01%
XRP$1.13-1.02%
SOL$69.29-0.19%
TRX$0.3231+0.91%
FIGR_HELOC$1.04+3.34%
HYPE$69.98+3.14%
DOGE$0.0831-0.07%
USDS$0.99970.00%
RAIN$0.0144-0.39%
LEO$9.49-1.26%
ZEC$462.49+1.34%
XLM$0.2182-6.94%
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.