Jay Ritter

As Deadlines Loom, SPACs Strike Array of Pacts With Health Firms

Deal-needy SPACs have struck a series of pacts to take small health-care companies public as they race against the clock to avoid the risk of forfeiting the money they raised.

“As the deadline approaches, the sponsors are saying a deal is better than no deal, even if it’s something where they don’t have an obvious expertise in the industry,” said Cordell Eminent Scholar Jay Ritter

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