![The Ipox Spac Index, which tracks Spacs and the companies they take public, is down 40 per cent since mid-February 2021. AP](https://thenational-the-national-prod.cdn.arcpublishing.com/resizer/v2/S55Y37QSE46ZJ235I4KEB6Z6AM.jpg?smart=true&auth=9f821fc95045f36699e82b77df29fde2e3e60d46ed74fb38c873ea888c82caf8&width=400&height=225)
The Ipox Spac Index, which tracks Spacs and the companies they take public, is down 40 per cent since mid-February 2021. AP
The Ipox Spac Index, which tracks Spacs and the companies they take public, is down 40 per cent since mid-February 2021. AP
Spacs with $160bn seek targets as they run out of time
Spacs typically have a short window to either buy something with the money they raise or else return the money to investors
Bloomberg
11 February, 2022