|Bid||15.83 x 1800|
|Ask||15.90 x 800|
|Day's Range||13.12 - 15.13|
|52 Week Range||9.52 - 22.47|
|Beta (5Y Monthly)||N/A|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
Investing great Charlie Munger thinks the world would be better off without SPACs, saying this week that “this kind of crazy speculation” is a sign of an “irritating bubble.” SPACs have a lot of pitfalls, as I wrote about here. Here is a guide to what to look for in SPACs, or special purpose acquisition companies, which are known as blank-check companies that come public with the intention of merging real companies into them.
The process of taking a company public via a SPAC, or special purpose acquisition company, is very different from an initial public offering (IPO). Investors would be well-served to research special purpose acquisition companies and make some small investments in exciting rule-breakers that are going public in this rule-breaking way.
If you own shares in any of the companies listed above and would like to discuss our investigations or have any questions concerning this notice or your rights or interests, please contact: