Typically, the proceeds from the IPO are held in trust while the SPAC seeks a takeover candidate. SPACs begin by going through the IPO process, offering shares to investors.Read More: JPMorgan unveils its 50 ‘most compelling’ stock. Goldman estimates that 205 SPACs will need to acquire a target in 2021 or 2022, based on their 24-month post-IPO expiration dates.SPACs release the date of when shareholders need to vote on the future merger and other important characteristics such as board appointments.Even if you buy at $11 or $12 your max loss would be 10 or 20%. 1 week SPACs - The honest truth Reddit So I've been doing alot of research and it seems like there really is very little downside on a spac as long as you buy near the $10 range.How does sentiment analysis on reddit work? We follow reddit subs - /r/stocks, /r/stock_picks and /r/spacs only (no /r/wallstreetbets - sorry!) for headlines and try to extract the stock ticker from the post title.1 week SPACs – The honest truth Reddit So I’ve been doing alot of research and it seems like there really is very little downside on a spac as long as you buy near the $10 range.A quarter of all IPOs last year were SPACs. Last year was a record year, with SPACs raising $13.6 billion in 59 IPOs, according to Dealogic, a London-based financial markets research firm.
