‘Mr. IPO’: ‘Free lunch is gone’ on SPAC IPOs, many ‘are not going to end well’
“The last few weeks, I haven’t found any [SPAC IPOs] that I viewed as so attractively priced that it was worth buying them,” Jay Ritter, Cordell Eminent Scholar at U of F’s Warrington College of Business who’s long researched the IPO market, told Seeking Alpha in an interview.