As Lordstown immolates, SPAC deals that didn’t go to zero feel like the exception

In 2020 and 2021, we had several months when enthusiasm for new EV manufacturers was crossed with the resurgence of blank-check companies. Also called special purpose acquisition companies, or SPACs, these listed shell companies promised quick access to capital and a path to the public markets, and a wide array of tech and tech-ish companies took them up on the offer.
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In 2020 and 2021, several electric vehicle companies took the SPAC route to raise quick cas

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