Lamar pulls the plug on its $300-million special purpose acquisition company (SPAC) (Billboard Insider)
Billboard Insider’s take: The US SPAC market is in trouble due to terrible IPO performance, high costs, some bad actors and increased regulations. There have been only 67 successful SPAC IPO’s in 2022 versus 613 in 2021. Lamar Partnering joins a growing list of SPAC sponsors who are cancelling planned IPO’s. […]
Fri, Jun 24, 2022 at 11:32 PM