The Snag with #SPAC’s is that when a merger deal is finally struck, you realize how much these ventures really cost

There were 182 #SPAC #IPO's raising almost $70BN as of late November, vs. 59 last year and just 46 in 2018.

SPAC's are oven-ready deals you should leave on the shelf

See the whole article on the FT here: https://www.ft.com/content/8ab4afd5-5f9c-4d83-8fe4-a24e4dfb199b?desktop=true&segmentId=7c8f09b9-9b61-4fbb-9430-9208a9e233c8 via @financialtimes

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