TechCheck+ Zombie SPACs - Why Blank Check Mergers Won’t Die 9/11/23

We all lived through the SPAC boom of 2021 – when the blank check mergers accounted for 61% of all U.S. public listings that year... and the subsequent bust, with at least a dozen going bankrupt since then and more than a hundred now running low on cash. But even though many stopped paying attention to them, SPACs continued to live on. Now, two years later, there are signs of a resurgence, and some investors are seeing new opportunities. This week on Tech Check, zombie SPACs – back from the dead.