Barron's: "SPAC IPOs fall out of favor after hot streak"

If April could be distilled in a sound, it would be that of brakes screeching on market enthusiasm for special purpose acquisition companies. 

There have been only six new SPAC initial public offerings so far in the second quarter, according to Goldman Sachs data.  That’s a rounding error compared with the 55 SPAC IPOs in the first few weeks of the first quarter, which ended with 277 new SPACs raising combined proceeds of $91 billion.

~ Carleton English, "SPAC IPOs Fall Out of Favor After Hot Streak," Barron's, April 24, 2021