By now, most of you reading this will have witnessed the proliferation of special purpose acquisition companies (SPACs), both in financial circles as well as in popular culture. Shaquille O’Neal, Tony Hawk, Serena Williams, Alex Rodriguez, Jay-Z, Steph Curry and Colin Kaepernick are just some examples of celebrities mentioned in the media who’ve gotten in on the ground floor of SPACs, along with a number of private equity (PE) funds and other investors.1 Some recently launched
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