Lordstown, Velodyne controversies expose SPAC pitfalls

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CNBC Television published this video item, entitled “Lordstown, Velodyne controversies expose SPAC pitfalls” – below is their description.

SPACs have been hailed as a more efficient way to go public and a way to allow the everyday investor to bet on earlier stages of growth, but there are signs that some companies weren’t ready for their debuts. CNBC’s Leslie Picker reports.

CNBC Television YouTube Channel

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About This Source - CNBC Television

CNBC is an American pay television business news channel, which primarily carries business day coverage of U.S. and international financial markets. Following the end of the business day and on non-trading days, CNBC primarily carries financial and business-themed documentaries and reality shows.

As of February 2015, CNBC is available to approximately 93,623,000 pay television households (80.4% of households with television) in the United States.

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