As US SPACs flounder, did Europe largely dodge a bullet?

Yesterday, we asked how low SPAC-led public debuts could go, and the answer was very close to zero. Some now-public companies that rode blank-check companies to the public markets have seen 90% or more of their value deleted.
It’s difficult to overstate how far some SPAC combinations have fallen.
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The good news is that while the U.S. SPAC market went bananas last year, other countries’ public markets failed to generate as much blank-check corporate volume. Eu

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