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$64,081.00+1.23%
ETH$1,793.10+2.53%
USDT$0.9993+0.01%
USDC$0.9999+0.01%
XRP$1.10+0.66%
SOL$78.05-0.14%
TRX$0.3305-0.51%
FIGR_HELOC$1.02-1.47%
HYPE$67.47+0.36%
DOGE$0.0741+1.18%
USDS$0.9998+0.00%
RAIN$0.01440.00%
LEO$9.51-0.05%
ZEC$499.28+2.90%
WBT$56.06+0.37%
BTC$64,081.00+1.23%
ETH$1,793.10+2.53%
USDT$0.9993+0.01%
USDC$0.9999+0.01%
XRP$1.10+0.66%
SOL$78.05-0.14%
TRX$0.3305-0.51%
FIGR_HELOC$1.02-1.47%
HYPE$67.47+0.36%
DOGE$0.0741+1.18%
USDS$0.9998+0.00%
RAIN$0.01440.00%
LEO$9.51-0.05%
ZEC$499.28+2.90%
WBT$56.06+0.37%
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.