SPAC Party Broken Up as New Ventures Slow to a Trickle

The blank-check frenzy that raised more than $245 billion over a two-year stretch has dried up, with just a handful of sponsors pooling investor money in 2023. 

“The SPAC party is over,” says Greg Martin, co-founder of Rainmaker Securities, which facilitates secondary transactions for private companies… Read Full Article 

Ken Anderson