Jay Ritter

Take back the SPAC: More and more companies are canceling high-profile deals to go public

In total, some 17 SPAC mergers, valued at a collective $37.2 billion, have been terminated during the final six months of 2021. A slew of others have been delayed into next year, a sign that they may fall through as well, says Cordell Eminent Scholar Jay Ritter.

See more of Ritter’s insights in this story from Forbes