These are the Worst SPAC Deals of the Year

The Rundown - Your weekly SPAC Deep Dive (12/23/21)

When Investors think about SPAC deals, they often think about companies like DraftKings, Lucid Motors, or Virgin Galactic. However, SPACs are just as likely to fail as IPOs (or more likely given the volume of deals) as investor enthusiasm, lofty projections, and inexperienced management can weigh down on the valuations. While SPACs were red hot in Febru…