Over the trailing year, you have likely witnessed the rise of shell firms as a medium to take private enterprises public. Market analysts often use the term “reverse merger” to describe this ...

So far this year, 176 SPACs have raised $49.5 billion, a huge leap from the 10 that raised $2.6 billion by this time last year. SPACs are outpacing traditional IPOs at a rate of three-to-one, and ...