The story behind Spacs’ spectacular fall from grace

What does SPAC stand for?

• Specific Purpose Asset Company

• Specialized Private Acquisition Company

• Specific Public Acquisition Corporation

• Special Purpose Acquisition Company

What was one of the main reasons for the decline of SPACs?

• Poor performance of companies that went public through SPACs

• Increased competition from traditional IPOs

• Lack of interest from celebrities

• High interest rates

How did regulatory changes impact the SPAC market?

• They increased the number of SPAC listings

• They had no significant impact

• They caused a dramatic drop in SPAC listings

• They made SPACs more attractive to investors

What happened to Bill Ackman's SPAC?

• It successfully completed a major transaction

• It was liquidated before the deadline

• It was acquired by another SPAC

• It merged with a tech company

What do experts predict about the future of SPACs?

• They will become the dominant form of going public

• They will disappear completely

• They will return to their pre-2020 status

• They will merge with traditional IPOs