SPAC Resurgence Amid Trump’s Influence Sparks Market Reactions
SPAC Resurgence and Market Reactions The U.S. stock market has seen a revival in special purpose acquisition companies (SPACs), with CATL (Cathay Leasing) leading the charge. On its first day of trading, CATL’s shares surged, reflecting investor enthusiasm for the renewable energy giant. However, onshore U.S. investors were blocked from purchasing the stock, citing a … Read more