SPAC transactions come to a standstill amid SEC crackdown

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

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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.

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