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Bloomberg Markets and Finance published this video item, entitled “A-Rod Sees Level Playing Field in SPAC Space” – below is their description.
May.19 — Former Major League All-Star Alex Rodriguez, CEO of Slam Corp., discusses the recent regulatory scrutiny and resulting investor skepticism around special purpose acquisition companies. He talks with Bloomberg Quicktake Chief Correspondent Jason Kelly.Bloomberg Markets and Finance YouTube Channel
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In This Story: markets
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In This Story: Special purpose acquisition companies
A special purpose acquisition company, is a “blank check” shell corporation designed to take companies public without going through the traditional IPO process. SPACs allow retail investors to invest in private equity type transactions, particularly leveraged buyouts. Find out more.