SPACS Boomed In The United States, Can They Get Big In Asia?
- Date: 14-Aug-2021
- Source: Forbes
- Sector:Financial Markets
- Country:Middle East
SPACS Boomed In The United States, Can They Get Big In Asia?
SPAC Ecosystem
A special purpose acquisition company (SPAC) has in fact been around for many years but only rather recently particularly in 2020 became the newest craze on wall street. While the unprecedented growth of SPAC’s have primarily been centered in the US, a growing number of Asia based sponsors are backing SPACs which have broader implications for the US economy, and this growing new ecosystem.
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