2020 was the year of the special purpose acquisition company (SPAC) IPO -- and 2021 is probably going to be even better.
According to SPACInsider.com, no fewer than 248 SPACs filed for IPO last year, going public with the sole intent of finding a hot private company to buy and bring public in a reverse merger. Not even one full quarter into 2021, we've already seen nearly as many SPAC IPOs this year as last year.
Why are SPAC IPOs so popular? READ MORE