Mar 05, 2021 08:16 AM (GMT+8) · EqualOcean
On Thursday, analysts pointed out that things are getting more and more strange in the hot spac market. A leisure spac is now doing a biotechnology deal, and a marijuana spac is finally merging with a space company. According to data from spac research, spacs are in a hurry to complete the deal. There are more than 370 spac companies, with more than $118 billion in capital, looking for acquisition targets. Data show that nearly 60 spacs set their merger targets in February alone, the largest month ever.

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