Why Most SPACs Fail

In times where the market is distressed, with a looming threat of recession and embattled with high inflation and geopolitical uncertainties, there tends to be a flight to safety among investors, from early-stage growth stocks to high-quality dividend stocks. As a result, SPACs these days are struggling to get deals done, and those that have completed mergers are saddled with tanking stock prices and an uncertain future.