Spacfilla: can Asia replenish the blank-cheque bubble?
Despite eye-watering returns, there are strong signs that Spacs have reached a tipping point even as Singapore and Hong Kong weigh listings.

Sponsors of special purpose acquisition companies (Spacs) have earned impressive returns and prompted Hong Kong and Singapore to mull allowing Spac listings on their exchanges. But signs are emerging that the boom is over.
Fundraising by Spacs plunged from $34.5 billion in March to $3.9 billion in April, according to Refinitiv. In addition, the number of newly listed Spacs in the US fell from 116 in March, to just 18 in April. This came even as analysis released by Amundi Asset M…
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