The SPAC market could be staging a comeback with issuance hitting an eight-month high as the industry continues to ride out regulatory challenges.
A total of 57 special purpose acquisition companies began trading in October, the highest amount since March when a record of 109 SPACs were issued, according to CNBC calculations. The number of new deals in October nearly doubled that in September and was also higher than the total during the same time last year, the data showed.
The rebound came as
Read more on cnbc.com