Ajit Pai @AjitPai
"Investment bankers, investors, and SPAC sponsors all sang the same refrain: 'It’s different this time.'" Was it? @iimag finds, among other things, >300 companies de-SPACed since 2018 have an average loss of 33% from SPAC IPO price. Redemptions are ≈90%. https://t.co/rnggC5UO8c — PolitiTweet.org
