The Spectacular rise of the SPAC

Episode 3,   May 04, 2021, 11:36 AM

SPACs or Special Purpose Acquisition Companies have been around for many years but recently they have started garnering major attention as well-known investors leading SPACs have been raising record amounts of money. Some analysts worry the SPAC boom is one of multiple signs of a market bubble. So why exactly have SPACs become such a hot trend and will this boom within a boom really benefit investors or is it all just hype?

In Episode 3, we explain what a SPAC is, look at why they are on the rise, examine some of the pros and cons and asks if the rise of SPACs will lead to a decline in Initial Public Offerings (IPOs)? Host Jannah Patchay interviews special guest, Hirander Misra, Chairman of GMEX Group on whether the UK and Europe will be able to keep on attracting high-growth companies, or will the upsides of the SPAC boom mostly accrue elsewhere?