Roughly 80% of the SPAC market traded under $5 by mid-2023
Michael Carmen · Michael Carmen – Late-Stage Private Investing at Wellington (EP.332) · Aug 10, 2023 · at 40:44
Michael Carmen of Wellington Management discusses market conditions following the 2021 SPAC boom while explaining why SeatGeek chose to remain private.
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“Pretty much 80% of the SPAC market is trading under five dollars today”
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