They were supposed to be a revolution. They may get sued out of existence. Cordell Eminent Scholar Jay Ritter shares his insights into why SPACs fail so badly and if they will ever become popular again in this story from
Faculty & Research: page 21
Read the latest news and research from University of Florida Warrington College of Business faculty, who are thought leaders in their respective fields and provide expert guidance in the classroom. Their research provides industry leaders and individuals with insights they can use in their careers and daily lives.
Harnessing Peer Effects with EdTech
Matherly Professor Anuj Kumar explores how we can leverage peers to motivate and help students learn in K-12 schools as part of his greater research with the RightWalk Foundation. As part of this work, Kumar built the EPInc platform –
Maine voters don’t like their electric utilities, but they balked at paying billions to buy them out
Frustration with electric utilities is universal today. Whether it’s concerns over high rates, poor service or a combination of both, people are constantly looking for a better answer to the systems that serve them. In the Nov. 7, 2023, election,
UL Solutions to test IPO market
Cordell Eminent Scholar Jay Ritter comments on the long-awaited plans from UL Solutions to go public. The Chicago-area company long known for providing the seal of approval for the safety of electronics and other products. Read more in this story
WeWork’s ignominious bankruptcy adds to the growing list of once buzzy SPAC companies that have gone bust
WeWork is the highest profile SPAC blowup. The company’s $9 billion valuation in an October 2021 deal — one of the biggest mergers by enterprise value at the time — exemplified the profligacy of a near-zero interest rate environment. “There was a major
WeWork Joins a Long List of High-Profile SPACs That Have Failed
After a little more than two years as a public company, the infamous office-sharing firm WeWork has filed for Chapter 11 protection. WeWork joins the likes of Core Scientific Inc., one of the largest miners of Bitcoin, and Richard Branson’s
Don’t overlook race and ethnicity: new guidelines urge change for psychology research
University Distinguished Professor, Lanzillotti-McKethan Eminent Scholar Chair and Associate Dean for Research and Strategic Initiatives Mo Wang chaired the American Psychological Association (APA) working group of ten people who formulated recommendations for authors, reviewers and editors on how to address race,
Can human market investors beat the algorithms?
Are the algorithms something that people in the know could game? If insiders see specific things happening and they know some sort of action is soon to follow because the algorithms are programmed a certain way, could they try to
Ares Acquisition Corp., X-energy scrap $1.8B merger due to ‘persistently volatile public markets’
Ares Acquisition Corp. (AAC), which is a special purpose acquisition company affiliated with Ares Management Corp. (ARES), will liquidate. It’s the 165th special purpose acquisition company (SPAC) to dissolve this year. Jay Ritter, Cordell Eminent Scholar and an expert in
University of Florida professor awarded for teaching innovation
GAINESVILLE, Fla. – Professor of Management Heng Xu’s unique contributions to teaching cybersecurity recently earned her an award from the premier operations research and management science international society. This October, Xu received the INFORMS Information Systems Society Haim Mendelson Teaching