If shareholders don’t like the eventual target -- or if a SPAC fails to find anything by a set deadline -- investors can redeem their shares for cash at the IPO price, plus any interest earned.
Semiconductor ETFs have seen roughly $6.8 billion of inflows since the beginning of the year, surpassing the $5.2 billion for all of 2021 and the $2.1 billion for the year before.
Stars are facing legal questions on how they tout their involvement in the nonfungible-token market and whether they need to disclose paid endorsement deals.