Managing Partner Roger Barton gives his latest analysis in an article published by Thomson Reuters titled, “High Redemption Rates see SPACs Relying on Alternative Financing.” The piece examines how SPAC redemptions work and explores the cause and effect of spiking redemption rates at the end of 2021. The article also delves into how SPAC sponsors are using methods such as PIPE deals and convertible debt as financial backstops for their business combinations.
You can read the full article here.
Roger E. Barton