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After a record rush of SPAC deals early this year, many are facing a challenge finding target companies to acquire. And the clock is ticking.

By: MarketWatch

October 22, 2021 at 12:44 PM EDT

SPACS resumed a steady pace of debuts in the fall after a midyear lull, but the overall backlog of companies seeking acquisitions has risen amid a glut of IPOs and a lack of viable target companies.

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Financial News

After a record rush of SPAC deals early this year, many are facing a challenge finding target companies to acquire. And the clock is ticking.

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