Luckbox Magazine asks:
What will be the gross proceeds for special purpose acquisition company (SPAC) IPO transactions in 2021?
SPACs have seen rapid growth as an alternative to conventional initial public offerings (IPOs) (Investopedia, Vox, Benzinga). The question will be suspended on 31 December 2021 and the outcome will be determined using data as reported by SPACInsider on 7 January 2022 (SPACInsider). For 2020, gross proceeds from SPAC IPO transactions totaled 83,334.7 million dollars, or $83.3347 billion.