By Adam Karageorge, Adrienna Huffman and Monet Lee ( June 17, 2022, 6:03 PM EDT) -- The 2020 and 2021 calendar years witnessed a boom in special purpose acquisition companies, with an unprecedented number going public. A SPAC is a shell company created by sponsors — typically private equity, venture capital or hedge fund investors — who raise funds by selling shares of the SPAC through an IPO....
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