US blank-check bankers are staying busy in January after 2025 proved a bumper year for initial public offerings, setting up a critical test of the importance of SPACs as a dealmaking tool.
Investors have plowed more than $2 billion this month into special purpose acquisition company IPOs, data from SPAC Research show. That follows some $30 billion pooled across 144 firms last year — the most since 2021 — which has resulted in nearly 200 deal-needy SPACs, according to the platform.
SPACs present a chance for companies in riskier sectors to participate in deal-making and capitalize on the backdoor to ...