SPACs - Ingenious Investment Tool Or Potential Pandora’s Box? [TFC 103]

The recent news about the $1.87 billion SPAC deal with PropertyGuru got many people asking: what exactly is a SPAC? SPACs, or Special Purpose Acquisition Companies are listed companies with the sole purpose of raising capital to buy another company. With a structure like that, should we be seeking investment opportunities in SPACs or should we be wary of them? Find out more about SPACs in TFC 103!

Get our show notes at https://www.thefinancialcoconut.com/tfc103

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