CNBC Television published this video item, entitled “SPAC transactions come to a standstill amid SEC crackdown” – below is their description.
After a record of 109 new SPAC deals in March alone, issuance has now come to almost a standstill with just 10 SPACs in April, according to data from SPAC Research. CNBC’s Jim Cramer and David Faber discuss the factors contributing to the slowdown.
CNBC Television YouTube Channel
Got a comment? Leave your thoughts in the comments section, below. Please note comments are moderated before publication.