What is a SPAC or a special purpose acquisition corporation? "There are pre-merger and post-merger SPACs," says Jonathan Browne. There are currently more than 600 SPACs searching for merger targets and the average pre-merger SPAC is trading at a 2,75% discount to trust value. Some SPACs that have done well include SBEAU, now Black Rifle Coffee and CFVIU, now Rumble. Browne states that some SPAC companies to take a look at now include CVII/U, FTPAU, and GSEVU.
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