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The Information Conveyed in a SPAC′s Offering

The popularity of SPACs (Special Purpose Acquisition Companies) has grown dramatically in recent years as a substitute for the traditional IPO (Initial Public Offer). We modeled the average annual return for SPAC investors and found that this financial tool produced an annual return of 17.3%. We the...

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Autores principales: Gil Cohen, Mahmoud Qadan
Formato: Artigo
Lenguaje:Inglês
Publicado: MDPI AG 2021-09-01
Colección:Entropy
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Acceso en línea:https://www.mdpi.com/1099-4300/23/9/1215
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