How Spacs went splat
Behind the Money6 Heinä 2022

How Spacs went splat

Spacs, or special purpose acquisition companies, were all the rage at the start of the pandemic. These shell companies raise cash by listing on the stock market, and then seek a merger with a private company. This created a novel way for companies to list on the stock market without having to go through the traditional initial public offering process.


Now, Spacs are floundering. The FT’s Ortenca Aliaj talks with guest host Jess Smith about how the Spac investment boom collided with rising interest rates and regulatory threats, and ultimately went bust.


- - - - - - - - - - - - - - - - - - - - - - - - - -

For further reading:

Spac boom dies as wary investors retreat


- - - - - - - - - - - - - - - - - - - - - - - - - -


On Twitter, follow Ortenca Aliaj (@OrtencaAl)


Read a transcript of this episode on FT.com

Hosted on Acast. See acast.com/privacy for more information.

Jaksot(318)

Ford, GM and the corporate dash for cash

Ford, GM and the corporate dash for cash

When credit markets seized up earlier in March, more than 130 companies rushed to their lenders to draw down at least $124bn of emergency credit lines to shore up cash, with Ford and General Motors dr...

31 Maalis 202018min

We want to hear from you

We want to hear from you

Behind the Money wants to hear from you, our listeners, about how the coronavirus pandemic is impacting your business and your work life. Email us at behindthemoney [at] ft.com Hosted on Acast. See ac...

26 Maalis 20201min

Barclays and the legal fight over a company’s ‘controlling mind’

Barclays and the legal fight over a company’s ‘controlling mind’

A costly investigation into the conduct of senior UK bankers during the financial crisis has raised questions about what it means to prosecute allegations of corporate crime, and whether Britain’s fra...

17 Maalis 202028min

Shale's looming credit crunch

Shale's looming credit crunch

More than 10 years on from the early days of the US shale boom, bankruptcy risks are rising across the sector. The FT's US energy editor, Derek Brower, reports on what weak oil prices and tightening a...

3 Maalis 202021min

How Boeing plans to return the Max to the skies

How Boeing plans to return the Max to the skies

Nearly one year after the grounding of Boeing's 737 Max jet, more than 700 of these planes remain on the ground, with costs to the US manufacturing giant estimated to reach nearly $20bn. The FT's Clai...

18 Helmi 202024min

Season 3 coming in 2020

Season 3 coming in 2020

A brand new season of Behind the Money with the Financial Times is coming in early 2020. Subscribe now so you don't miss an episode. Hosted on Acast. See acast.com/privacy for more information.

17 Joulu 201940s

The state of the Libra project

The state of the Libra project

Earlier this year, Facebook announced its digital currency project, Libra, to great fanfare. Just a few months later, the project has stalled amid pressure from regulators and lawmakers around the wor...

24 Loka 201919min

The repo market

The repo market

A key short term lending market came under strain in September, raising concerns that the Federal Reserve's attempt to unwind post-financial crisis intervention may have gone too far. The FT's Joe Ren...

3 Loka 201920min

Suosittua kategoriassa Liike-elämä ja talous

sijotuskasti
mimmit-sijoittaa
rss-rahapodi
psykopodiaa-podcast
rss-rahamania
rss-sisalto-kuntoon
ostan-asuntoja-podcast
rss-lahtijat
hyva-paha-johtaminen
rss-startup-ministerio
rss-sami-miettinen-neuvottelija
rss-seuraava-potilas
lakicast
herrasmieshakkerit
leadcast
rahapuhetta
rss-porssipuhetta
rss-rentotapaus
rss-tyoelamasta-podcast
rss-viisas-raha-podi