“They had so many comments from the SEC that they decided to call off their SPAC merger altogether,” said a friend of the Bedrock team who was involved in a recent failed SPAC merger (in an advisory capacity). Our colleague’s experience with a terminated SPAC merger isn’t as unusual as it may seem. Many SPAC mergers seem to be collapsing. There have been 42 terminated merger agreements reported by SPACs in 2022.
Failed SPAC mergers increased by 320% in 2022
Failed SPAC mergers increased by 320% in 2022
Failed SPAC mergers increased by 320% in 2022
“They had so many comments from the SEC that they decided to call off their SPAC merger altogether,” said a friend of the Bedrock team who was involved in a recent failed SPAC merger (in an advisory capacity). Our colleague’s experience with a terminated SPAC merger isn’t as unusual as it may seem. Many SPAC mergers seem to be collapsing. There have been 42 terminated merger agreements reported by SPACs in 2022.