Special Purpose Acquisition Companies: How the SPAC Structure Misaligns Sponsors and Investors

Spence, Trevor W.


  • The structural features of special purpose acquisition companies misalign sponsors and investors, further enhanced by a lack of regulation and the rise of retail investing; as a result, sponsors realize substantial returns while retail investors suffer acute losses.

    Thesis (B.A.)--Tufts University, 2021.

    Submitted to the Center for Interdisciplinary Studies.

    Advisor: ... read more
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