University of Michigan Research Tempers Optimistic Projections for Special Purpose Acquisition Companies, or SPACs
May 10, 2022
May 10, 2022
ANN ARBOR, Michigan, May 10 (TNSJou) -- The University of Michigan issued the following news release:
When companies go public via a merger with a SPAC, they tend to provide very optimistic, long-term financial projections--and there's good reason to be cautious about those numbers, according to new University of Michigan research.
A SPAC--special purpose acquisition company--is a firm that exists only for the purpose of buying or merging with another company. The . . .
When companies go public via a merger with a SPAC, they tend to provide very optimistic, long-term financial projections--and there's good reason to be cautious about those numbers, according to new University of Michigan research.
A SPAC--special purpose acquisition company--is a firm that exists only for the purpose of buying or merging with another company. The . . .