SPAC Bubble Pops: Flood Of New SPAC IPOs Hits A Brick Wall

39
14
Favorite

SPAC Bubble Pops: Flood Of New SPAC IPOs Hits A Brick Wall

zerohedge2021-04-08

"3 SPAC IPOs this week after 2 last week after 276 in Q1 (vs 228 all of last yr vs 170 from 2013 – 2019 combined)" - Goldman Sachs trader John Flood, April 7, 2021 As Bloomberg's Drew Singer writes...

Source Link

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Report

Comment（14）

超群yibo
·2021-04-08
Supply increased. Investor spoiled of choice. Cherry picking.
Reply
Like
Report
Earthboii
·2021-04-08
Up
Reply
Like
Report
Henryee18
·2021-04-08
今天會崩跌啊，兄弟。可是存在危險，等一下你買了Short，他反市場的不降反升，那就中伏了哦……[噴血] 切記，小心爲妙。衝動只會成爲炮灰，散落一地[笑哭]
Reply
Like
Report
sugizoi4u
·2021-04-08
Pls like and comment. Thanks.
Reply
2
Report
Fold Replies
- Moneyface:
  Ok
  2021-04-08
  Reply
  Report
- sugizoi4u:
  Thanks
  2021-04-08
  Reply
  Report
ConnieCD
·2021-04-08
Okie
Reply
Like
Report
Fold Replies
- Stormriders28:
  [强]
  2021-04-08
  Reply
  Report
thammada
·2021-04-08
SPAC up into space!
Reply
Like
Report
YenChing
·2021-04-08
Like
Reply
1
Report
FlyHighFly
·2021-04-08
Please like and comment. Thank thanks
Reply
1
Report
YL95
·2021-04-08
Hi
Reply
1
Report
Fold Replies
- YenChing:
  Nice
  2021-04-08
  Reply
  Report
xJimmy
·2021-04-08
comment pls
Reply
Like
Report
Fold Replies
- ZEROHERO:
  Here you go
  2021-04-08
  Reply
  Report
- eep:
  pls comment back
  2021-04-08
  Reply
  Report
ZhenYangx2
·2021-04-08
Help to like
Reply
3
Report
Fold Replies
- jamjam:
  yes
  2021-04-08
  Reply
  Report
albert77
·2021-04-08
More n more ipo
Reply
Like
Report
Fold Replies
- Jon777:
  CoInbase
  2021-04-08
  Reply
  Report
SafetyFirst
·2021-04-08
Comment
Reply
1
Report
Fold Replies
- jijimo:
  Ok
  2021-04-08
  Reply
  Report
fortuna
·2021-04-08
Please like and comment
Reply
4
Report
Fold Replies
- jijimo:
  Ok
  2021-04-08
  Reply
  Report

Most Discussed

7x24

All

Terms and Conditions·Privacy Policy

Company: TTMF Limited. Tech supported by Xiangshang Yixin.

Email：uservice@ttm.financial

{"i18n":{"language":"en_US"},"data":{"share":"https://ttm.financial/m/news/1161762812?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2021-04-08 10:35","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"1161762812","market":"us","top_or_hot":-1,"title":"SPAC Bubble Pops: Flood Of New SPAC IPOs Hits A Brick Wall","media":"zerohedge","content":"<div>\n<p>\"3 SPAC IPOs this week after 2 last week after 276 in Q1 (vs 228 all of last yr vs 170 from 2013 – 2019 combined)\"\n  - Goldman Sachs trader John Flood, April 7, 2021\n\nAs Bloomberg's Drew Singer writes...</p>\n\n<a href=\"https://www.zerohedge.com/markets/spac-bubble-pops-flood-new-spac-ipos-hits-brick-wall?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+zerohedge%2Ffeed+%28zero+hedge+-+on+a+long+enough+timeline%2C+the+survival+rate+for+everyone+drops+to+zero%29\">Source Link</a>\n\n</div>\n","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>SPAC Bubble Pops: Flood Of New SPAC IPOs Hits A Brick Wall</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSPAC Bubble Pops: Flood Of New SPAC IPOs Hits A Brick Wall\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-04-08 10:35 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.zerohedge.com/markets/spac-bubble-pops-flood-new-spac-ipos-hits-brick-wall?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+zerohedge%2Ffeed+%28zero+hedge+-+on+a+long+enough+timeline%2C+the+survival+rate+for+everyone+drops+to+zero%29><strong>zerohedge</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>\"3 SPAC IPOs this week after 2 last week after 276 in Q1 (vs 228 all of last yr vs 170 from 2013 – 2019 combined)\"\n  - Goldman Sachs trader John Flood, April 7, 2021\n\nAs Bloomberg's Drew Singer writes...</p>\n\n<a href=\"https://www.zerohedge.com/markets/spac-bubble-pops-flood-new-spac-ipos-hits-brick-wall?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+zerohedge%2Ffeed+%28zero+hedge+-+on+a+long+enough+timeline%2C+the+survival+rate+for+everyone+drops+to+zero%29\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"TUGCU","symbol_name":"TradeUP Global Corp.","start_time":0,"source_url":"https://www.zerohedge.com/markets/spac-bubble-pops-flood-new-spac-ipos-hits-brick-wall?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+zerohedge%2Ffeed+%28zero+hedge+-+on+a+long+enough+timeline%2C+the+survival+rate+for+everyone+drops+to+zero%29","article_id":"1161762812","we_media_id":null,"thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1161762812","pubTimestamp":1617849321,"sourceInfo":null,"weMediaInfo":null,"summary":"\"3 SPAC IPOs this week after 2 last week after 276 in Q1 (vs 228 all of last yr vs 170 from 2013 – 2","collect":0,"end_time":0,"defaultTopTitle":"zerohedge.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"TUGCU":"TradeUP Global Corp."},"translate_title":"SPAC泡沫破灭：SPAC新IPO潮碰壁","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"TUGCU":0.9},"content_text":"\"3 SPAC IPOs this week after 2 last week after 276 in Q1 (vs 228 all of last yr vs 170 from 2013 – 2019 combined)\"\n  - Goldman Sachs trader John Flood, April 7, 2021\n\nAs Bloomberg's Drew Singer writes, the days of special purpose acquisition companies debuting by the dozens on public exchanges appear to have come and gone, \"spelling trouble for the broader market for initial public offerings.\"\nAfter fueling a record first quarter for IPOs, SPACs have suddenly stopped going public at anything close to the same scale, as if they hit a brick wall in the second quarter.\nThe plunge in deal making follows weak trading in these vehicles, slow progress in their search for acquisitions and outperformance by traditional listings, not to mention various warnings by the SEC itself.\nJust three SPACs have listed this week, including two on Wednesday. This follows just a pair of IPOs by SPACs last week and compares to more than 20 deals a week during most of the year.\nWorse, according to Bloomberg data, public SPAC offerings are poised for their slowest two-week stretch since the end of 2020.  While a reversal remains possible as we get further from Easter weekend,investors have been signaling a growing distaste for these deals.More than 100 or about a third of SPACs that went public this year are trading below their IPO price as investors wait for news of an acquisition. In all, 2021’s SPACs are trading 0.8% above their debut levels, compared with an average 6.0% gain by the year’s traditional IPOs.\nThe trouble in SPACs comes alongside other signs of weakness in the global IPO market even as the S&P 500 continues to trade near record highs. Stocks rose on Wednesday amid a surge in the Nasdaq 100.\nPostmarket launches of U.S. secondary offerings:\nAcademy Sports (ASO)\n\nBookrunners: JPMorgan\nShares -3.5% postmarket\nSeller unknown\n\nIdentiv (INVE)\n\nBookrunners: B. Riley, Lake Street, Northland\nShares -2.2% postmarket\nSeller: Company\n\nOtonomy (OTIC)\n\nBookrunners: Cowen, Piper Sandler\nShares -9.8% postmarket\nSeller: Company","kind":null,"is_publish_news":true,"is_publish_highlight":true,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[{"id":341788347,"gmtCreate":1617856261589,"gmtModify":1704704006260,"author":{"id":"3576231291459124","authorId":"3576231291459124","name":"超群yibo","avatar":"https://static.tigerbbs.com/6594cf6901beda8fdf0f00a0e5853f18","vip":1,"crmLevel":2,"crmLevelSwitch":0,"authorIdStr":"3576231291459124","idStr":"3576231291459124"},"htmlText":"Supply increased. Investor spoiled of choice. Cherry picking.","listText":"Supply increased. Investor spoiled of choice. Cherry picking.","text":"Supply increased. Investor spoiled of choice. Cherry picking.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/341788347","repostId":1161762812,"repostType":4,"repost":{"id":"1161762812","pubTimestamp":1617849321,"share":"https://ttm.financial/m/news/1161762812?lang=&edition=fundamental","pubTime":"2021-04-08 10:35","market":"us","language":"en","title":"SPAC Bubble Pops: Flood Of New SPAC IPOs Hits A Brick Wall","url":"https://stock-news.laohu8.com/highlight/detail?id=1161762812","media":"zerohedge","summary":"\"3 SPAC IPOs this week after 2 last week after 276 in Q1 (vs 228 all of last yr vs 170 from 2013 – 2","content":"<blockquote>\n <b>\"3 SPAC IPOs this week after 2 last week after 276 in Q1 (vs 228 all of last yr vs 170 from 2013 – 2019 combined)\"</b>\n <i>&nbsp; - Goldman Sachs trader John Flood, April 7, 2021</i>\n</blockquote>\n<p>As Bloomberg's Drew Singer writes, the days of special purpose acquisition companies debuting by the dozens on public exchanges appear to have come and gone, \"<b>spelling trouble for the broader market for initial public offerings.\"</b></p>\n<p>After fueling a&nbsp;record first quarter&nbsp;for IPOs, SPACs have suddenly stopped going public at anything close to the same scale, as if they hit a brick wall in the second quarter.</p>\n<p><img src=\"https://static.tigerbbs.com/0b05ad26c1c49a6844eeb81fd295988d\" tg-width=\"500\" tg-height=\"396\">The plunge in deal making follows weak trading in these vehicles, slow progress in their search for acquisitions and outperformance by traditional listings, not to mention various warnings by the SEC itself.</p>\n<p><img src=\"https://static.tigerbbs.com/4f44d233d9d6ac7e75d4b7162d333c3b\" tg-width=\"462\" tg-height=\"228\">Just three SPACs have listed this week, including two on Wednesday. This follows just a pair of IPOs by SPACs last week and compares to more than 20 deals a week during most of the year.</p>\n<p>Worse, according to Bloomberg data, public SPAC offerings are poised for their slowest two-week stretch since the end of 2020.&nbsp; While a reversal remains possible as we get further from Easter weekend,<b>investors have been signaling a growing distaste for these deals.</b>More than 100 or about a third of SPACs that went public this year are trading below their IPO price as investors&nbsp;wait&nbsp;for news of an acquisition. In all, 2021’s SPACs are trading 0.8% above their debut levels, compared with an average 6.0% gain by the year’s traditional IPOs.</p>\n<p>The trouble in SPACs comes alongside other signs of&nbsp;weakness&nbsp;in the global IPO market even as the S&amp;P 500 continues to trade near record highs. Stocks rose on Wednesday amid a surge in the Nasdaq 100.</p>\n<p>Postmarket launches of U.S. secondary offerings:</p>\n<p><b>Academy Sports (ASO)</b></p>\n<ul>\n <li>Bookrunners: JPMorgan</li>\n <li>Shares -3.5% postmarket</li>\n <li><u><b>Seller unknown</b></u></li>\n</ul>\n<p><b>Identiv (INVE)</b></p>\n<ul>\n <li>Bookrunners: B. Riley, Lake Street, Northland</li>\n <li>Shares -2.2% postmarket</li>\n <li>Seller: Company</li>\n</ul>\n<p><b>Otonomy (OTIC)</b></p>\n<ul>\n <li>Bookrunners: Cowen, Piper Sandler</li>\n <li>Shares -9.8% postmarket</li>\n <li>Seller: Company</li>\n</ul>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>SPAC Bubble Pops: Flood Of New SPAC IPOs Hits A Brick Wall</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSPAC Bubble Pops: Flood Of New SPAC IPOs Hits A Brick Wall\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-04-08 10:35 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.zerohedge.com/markets/spac-bubble-pops-flood-new-spac-ipos-hits-brick-wall?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+zerohedge%2Ffeed+%28zero+hedge+-+on+a+long+enough+timeline%2C+the+survival+rate+for+everyone+drops+to+zero%29><strong>zerohedge</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>\"3 SPAC IPOs this week after 2 last week after 276 in Q1 (vs 228 all of last yr vs 170 from 2013 – 2019 combined)\"\n  - Goldman Sachs trader John Flood, April 7, 2021\n\nAs Bloomberg's Drew Singer writes...</p>\n\n<a href=\"https://www.zerohedge.com/markets/spac-bubble-pops-flood-new-spac-ipos-hits-brick-wall?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+zerohedge%2Ffeed+%28zero+hedge+-+on+a+long+enough+timeline%2C+the+survival+rate+for+everyone+drops+to+zero%29\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TUGCU":"TradeUP Global Corp."},"source_url":"https://www.zerohedge.com/markets/spac-bubble-pops-flood-new-spac-ipos-hits-brick-wall?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+zerohedge%2Ffeed+%28zero+hedge+-+on+a+long+enough+timeline%2C+the+survival+rate+for+everyone+drops+to+zero%29","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1161762812","content_text":"\"3 SPAC IPOs this week after 2 last week after 276 in Q1 (vs 228 all of last yr vs 170 from 2013 – 2019 combined)\"\n  - Goldman Sachs trader John Flood, April 7, 2021\n\nAs Bloomberg's Drew Singer writes, the days of special purpose acquisition companies debuting by the dozens on public exchanges appear to have come and gone, \"spelling trouble for the broader market for initial public offerings.\"\nAfter fueling a record first quarter for IPOs, SPACs have suddenly stopped going public at anything close to the same scale, as if they hit a brick wall in the second quarter.\nThe plunge in deal making follows weak trading in these vehicles, slow progress in their search for acquisitions and outperformance by traditional listings, not to mention various warnings by the SEC itself.\nJust three SPACs have listed this week, including two on Wednesday. This follows just a pair of IPOs by SPACs last week and compares to more than 20 deals a week during most of the year.\nWorse, according to Bloomberg data, public SPAC offerings are poised for their slowest two-week stretch since the end of 2020.  While a reversal remains possible as we get further from Easter weekend,investors have been signaling a growing distaste for these deals.More than 100 or about a third of SPACs that went public this year are trading below their IPO price as investors wait for news of an acquisition. In all, 2021’s SPACs are trading 0.8% above their debut levels, compared with an average 6.0% gain by the year’s traditional IPOs.\nThe trouble in SPACs comes alongside other signs of weakness in the global IPO market even as the S&P 500 continues to trade near record highs. Stocks rose on Wednesday amid a surge in the Nasdaq 100.\nPostmarket launches of U.S. secondary offerings:\nAcademy Sports (ASO)\n\nBookrunners: JPMorgan\nShares -3.5% postmarket\nSeller unknown\n\nIdentiv (INVE)\n\nBookrunners: B. Riley, Lake Street, Northland\nShares -2.2% postmarket\nSeller: Company\n\nOtonomy (OTIC)\n\nBookrunners: Cowen, Piper Sandler\nShares -9.8% postmarket\nSeller: Company","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":341716467,"gmtCreate":1617855439559,"gmtModify":1704703992360,"author":{"id":"3579176504922766","authorId":"3579176504922766","name":"Earthboii","avatar":"https://static.tigerbbs.com/220705ec8b1493ac8654f6c555727a1d","vip":1,"crmLevel":2,"crmLevelSwitch":0,"authorIdStr":"3579176504922766","idStr":"3579176504922766"},"htmlText":"Up","listText":"Up","text":"Up","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/341716467","repostId":1161762812,"repostType":4,"repost":{"id":"1161762812","pubTimestamp":1617849321,"share":"https://ttm.financial/m/news/1161762812?lang=&edition=fundamental","pubTime":"2021-04-08 10:35","market":"us","language":"en","title":"SPAC Bubble Pops: Flood Of New SPAC IPOs Hits A Brick Wall","url":"https://stock-news.laohu8.com/highlight/detail?id=1161762812","media":"zerohedge","summary":"\"3 SPAC IPOs this week after 2 last week after 276 in Q1 (vs 228 all of last yr vs 170 from 2013 – 2","content":"<blockquote>\n <b>\"3 SPAC IPOs this week after 2 last week after 276 in Q1 (vs 228 all of last yr vs 170 from 2013 – 2019 combined)\"</b>\n <i>&nbsp; - Goldman Sachs trader John Flood, April 7, 2021</i>\n</blockquote>\n<p>As Bloomberg's Drew Singer writes, the days of special purpose acquisition companies debuting by the dozens on public exchanges appear to have come and gone, \"<b>spelling trouble for the broader market for initial public offerings.\"</b></p>\n<p>After fueling a&nbsp;record first quarter&nbsp;for IPOs, SPACs have suddenly stopped going public at anything close to the same scale, as if they hit a brick wall in the second quarter.</p>\n<p><img src=\"https://static.tigerbbs.com/0b05ad26c1c49a6844eeb81fd295988d\" tg-width=\"500\" tg-height=\"396\">The plunge in deal making follows weak trading in these vehicles, slow progress in their search for acquisitions and outperformance by traditional listings, not to mention various warnings by the SEC itself.</p>\n<p><img src=\"https://static.tigerbbs.com/4f44d233d9d6ac7e75d4b7162d333c3b\" tg-width=\"462\" tg-height=\"228\">Just three SPACs have listed this week, including two on Wednesday. This follows just a pair of IPOs by SPACs last week and compares to more than 20 deals a week during most of the year.</p>\n<p>Worse, according to Bloomberg data, public SPAC offerings are poised for their slowest two-week stretch since the end of 2020.&nbsp; While a reversal remains possible as we get further from Easter weekend,<b>investors have been signaling a growing distaste for these deals.</b>More than 100 or about a third of SPACs that went public this year are trading below their IPO price as investors&nbsp;wait&nbsp;for news of an acquisition. In all, 2021’s SPACs are trading 0.8% above their debut levels, compared with an average 6.0% gain by the year’s traditional IPOs.</p>\n<p>The trouble in SPACs comes alongside other signs of&nbsp;weakness&nbsp;in the global IPO market even as the S&amp;P 500 continues to trade near record highs. Stocks rose on Wednesday amid a surge in the Nasdaq 100.</p>\n<p>Postmarket launches of U.S. secondary offerings:</p>\n<p><b>Academy Sports (ASO)</b></p>\n<ul>\n <li>Bookrunners: JPMorgan</li>\n <li>Shares -3.5% postmarket</li>\n <li><u><b>Seller unknown</b></u></li>\n</ul>\n<p><b>Identiv (INVE)</b></p>\n<ul>\n <li>Bookrunners: B. Riley, Lake Street, Northland</li>\n <li>Shares -2.2% postmarket</li>\n <li>Seller: Company</li>\n</ul>\n<p><b>Otonomy (OTIC)</b></p>\n<ul>\n <li>Bookrunners: Cowen, Piper Sandler</li>\n <li>Shares -9.8% postmarket</li>\n <li>Seller: Company</li>\n</ul>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>SPAC Bubble Pops: Flood Of New SPAC IPOs Hits A Brick Wall</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSPAC Bubble Pops: Flood Of New SPAC IPOs Hits A Brick Wall\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-04-08 10:35 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.zerohedge.com/markets/spac-bubble-pops-flood-new-spac-ipos-hits-brick-wall?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+zerohedge%2Ffeed+%28zero+hedge+-+on+a+long+enough+timeline%2C+the+survival+rate+for+everyone+drops+to+zero%29><strong>zerohedge</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>\"3 SPAC IPOs this week after 2 last week after 276 in Q1 (vs 228 all of last yr vs 170 from 2013 – 2019 combined)\"\n  - Goldman Sachs trader John Flood, April 7, 2021\n\nAs Bloomberg's Drew Singer writes...</p>\n\n<a href=\"https://www.zerohedge.com/markets/spac-bubble-pops-flood-new-spac-ipos-hits-brick-wall?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+zerohedge%2Ffeed+%28zero+hedge+-+on+a+long+enough+timeline%2C+the+survival+rate+for+everyone+drops+to+zero%29\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TUGCU":"TradeUP Global Corp."},"source_url":"https://www.zerohedge.com/markets/spac-bubble-pops-flood-new-spac-ipos-hits-brick-wall?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+zerohedge%2Ffeed+%28zero+hedge+-+on+a+long+enough+timeline%2C+the+survival+rate+for+everyone+drops+to+zero%29","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1161762812","content_text":"\"3 SPAC IPOs this week after 2 last week after 276 in Q1 (vs 228 all of last yr vs 170 from 2013 – 2019 combined)\"\n  - Goldman Sachs trader John Flood, April 7, 2021\n\nAs Bloomberg's Drew Singer writes, the days of special purpose acquisition companies debuting by the dozens on public exchanges appear to have come and gone, \"spelling trouble for the broader market for initial public offerings.\"\nAfter fueling a record first quarter for IPOs, SPACs have suddenly stopped going public at anything close to the same scale, as if they hit a brick wall in the second quarter.\nThe plunge in deal making follows weak trading in these vehicles, slow progress in their search for acquisitions and outperformance by traditional listings, not to mention various warnings by the SEC itself.\nJust three SPACs have listed this week, including two on Wednesday. This follows just a pair of IPOs by SPACs last week and compares to more than 20 deals a week during most of the year.\nWorse, according to Bloomberg data, public SPAC offerings are poised for their slowest two-week stretch since the end of 2020.  While a reversal remains possible as we get further from Easter weekend,investors have been signaling a growing distaste for these deals.More than 100 or about a third of SPACs that went public this year are trading below their IPO price as investors wait for news of an acquisition. In all, 2021’s SPACs are trading 0.8% above their debut levels, compared with an average 6.0% gain by the year’s traditional IPOs.\nThe trouble in SPACs comes alongside other signs of weakness in the global IPO market even as the S&P 500 continues to trade near record highs. Stocks rose on Wednesday amid a surge in the Nasdaq 100.\nPostmarket launches of U.S. secondary offerings:\nAcademy Sports (ASO)\n\nBookrunners: JPMorgan\nShares -3.5% postmarket\nSeller unknown\n\nIdentiv (INVE)\n\nBookrunners: B. Riley, Lake Street, Northland\nShares -2.2% postmarket\nSeller: Company\n\nOtonomy (OTIC)\n\nBookrunners: Cowen, Piper Sandler\nShares -9.8% postmarket\nSeller: Company","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":341710371,"gmtCreate":1617855130593,"gmtModify":1704703984264,"author":{"id":"3561088065415396","authorId":"3561088065415396","name":"Henryee18","avatar":"https://static.tigerbbs.com/68e1124a4989ce380d6aa143a07b2620","vip":1,"hat":"https://static.tigerbbs.com/3b7820dfed76481d8dc4de6ac5a7a136","crmLevel":9,"crmLevelSwitch":1,"authorIdStr":"3561088065415396","idStr":"3561088065415396"},"htmlText":"今天會崩跌啊，兄弟。可是存在危險，等一下你買了Short，他反市場的不降反升，那就中伏了哦……[噴血]&nbsp;切記，小心爲妙。衝動只會成爲炮灰，散落一地[笑哭]&nbsp;","listText":"今天會崩跌啊，兄弟。可是存在危險，等一下你買了Short，他反市場的不降反升，那就中伏了哦……[噴血]&nbsp;切記，小心爲妙。衝動只會成爲炮灰，散落一地[笑哭]&nbsp;","text":"今天會崩跌啊，兄弟。可是存在危險，等一下你買了Short，他反市場的不降反升，那就中伏了哦……[噴血] 切記，小心爲妙。衝動只會成爲炮灰，散落一地[笑哭]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/341710371","repostId":1161762812,"repostType":4,"repost":{"id":"1161762812","pubTimestamp":1617849321,"share":"https://ttm.financial/m/news/1161762812?lang=&edition=fundamental","pubTime":"2021-04-08 10:35","market":"us","language":"en","title":"SPAC Bubble Pops: Flood Of New SPAC IPOs Hits A Brick Wall","url":"https://stock-news.laohu8.com/highlight/detail?id=1161762812","media":"zerohedge","summary":"\"3 SPAC IPOs this week after 2 last week after 276 in Q1 (vs 228 all of last yr vs 170 from 2013 – 2","content":"<blockquote>\n <b>\"3 SPAC IPOs this week after 2 last week after 276 in Q1 (vs 228 all of last yr vs 170 from 2013 – 2019 combined)\"</b>\n <i>&nbsp; - Goldman Sachs trader John Flood, April 7, 2021</i>\n</blockquote>\n<p>As Bloomberg's Drew Singer writes, the days of special purpose acquisition companies debuting by the dozens on public exchanges appear to have come and gone, \"<b>spelling trouble for the broader market for initial public offerings.\"</b></p>\n<p>After fueling a&nbsp;record first quarter&nbsp;for IPOs, SPACs have suddenly stopped going public at anything close to the same scale, as if they hit a brick wall in the second quarter.</p>\n<p><img src=\"https://static.tigerbbs.com/0b05ad26c1c49a6844eeb81fd295988d\" tg-width=\"500\" tg-height=\"396\">The plunge in deal making follows weak trading in these vehicles, slow progress in their search for acquisitions and outperformance by traditional listings, not to mention various warnings by the SEC itself.</p>\n<p><img src=\"https://static.tigerbbs.com/4f44d233d9d6ac7e75d4b7162d333c3b\" tg-width=\"462\" tg-height=\"228\">Just three SPACs have listed this week, including two on Wednesday. This follows just a pair of IPOs by SPACs last week and compares to more than 20 deals a week during most of the year.</p>\n<p>Worse, according to Bloomberg data, public SPAC offerings are poised for their slowest two-week stretch since the end of 2020.&nbsp; While a reversal remains possible as we get further from Easter weekend,<b>investors have been signaling a growing distaste for these deals.</b>More than 100 or about a third of SPACs that went public this year are trading below their IPO price as investors&nbsp;wait&nbsp;for news of an acquisition. In all, 2021’s SPACs are trading 0.8% above their debut levels, compared with an average 6.0% gain by the year’s traditional IPOs.</p>\n<p>The trouble in SPACs comes alongside other signs of&nbsp;weakness&nbsp;in the global IPO market even as the S&amp;P 500 continues to trade near record highs. Stocks rose on Wednesday amid a surge in the Nasdaq 100.</p>\n<p>Postmarket launches of U.S. secondary offerings:</p>\n<p><b>Academy Sports (ASO)</b></p>\n<ul>\n <li>Bookrunners: JPMorgan</li>\n <li>Shares -3.5% postmarket</li>\n <li><u><b>Seller unknown</b></u></li>\n</ul>\n<p><b>Identiv (INVE)</b></p>\n<ul>\n <li>Bookrunners: B. Riley, Lake Street, Northland</li>\n <li>Shares -2.2% postmarket</li>\n <li>Seller: Company</li>\n</ul>\n<p><b>Otonomy (OTIC)</b></p>\n<ul>\n <li>Bookrunners: Cowen, Piper Sandler</li>\n <li>Shares -9.8% postmarket</li>\n <li>Seller: Company</li>\n</ul>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>SPAC Bubble Pops: Flood Of New SPAC IPOs Hits A Brick Wall</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSPAC Bubble Pops: Flood Of New SPAC IPOs Hits A Brick Wall\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-04-08 10:35 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.zerohedge.com/markets/spac-bubble-pops-flood-new-spac-ipos-hits-brick-wall?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+zerohedge%2Ffeed+%28zero+hedge+-+on+a+long+enough+timeline%2C+the+survival+rate+for+everyone+drops+to+zero%29><strong>zerohedge</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>\"3 SPAC IPOs this week after 2 last week after 276 in Q1 (vs 228 all of last yr vs 170 from 2013 – 2019 combined)\"\n  - Goldman Sachs trader John Flood, April 7, 2021\n\nAs Bloomberg's Drew Singer writes...</p>\n\n<a href=\"https://www.zerohedge.com/markets/spac-bubble-pops-flood-new-spac-ipos-hits-brick-wall?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+zerohedge%2Ffeed+%28zero+hedge+-+on+a+long+enough+timeline%2C+the+survival+rate+for+everyone+drops+to+zero%29\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TUGCU":"TradeUP Global Corp."},"source_url":"https://www.zerohedge.com/markets/spac-bubble-pops-flood-new-spac-ipos-hits-brick-wall?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+zerohedge%2Ffeed+%28zero+hedge+-+on+a+long+enough+timeline%2C+the+survival+rate+for+everyone+drops+to+zero%29","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1161762812","content_text":"\"3 SPAC IPOs this week after 2 last week after 276 in Q1 (vs 228 all of last yr vs 170 from 2013 – 2019 combined)\"\n  - Goldman Sachs trader John Flood, April 7, 2021\n\nAs Bloomberg's Drew Singer writes, the days of special purpose acquisition companies debuting by the dozens on public exchanges appear to have come and gone, \"spelling trouble for the broader market for initial public offerings.\"\nAfter fueling a record first quarter for IPOs, SPACs have suddenly stopped going public at anything close to the same scale, as if they hit a brick wall in the second quarter.\nThe plunge in deal making follows weak trading in these vehicles, slow progress in their search for acquisitions and outperformance by traditional listings, not to mention various warnings by the SEC itself.\nJust three SPACs have listed this week, including two on Wednesday. This follows just a pair of IPOs by SPACs last week and compares to more than 20 deals a week during most of the year.\nWorse, according to Bloomberg data, public SPAC offerings are poised for their slowest two-week stretch since the end of 2020.  While a reversal remains possible as we get further from Easter weekend,investors have been signaling a growing distaste for these deals.More than 100 or about a third of SPACs that went public this year are trading below their IPO price as investors wait for news of an acquisition. In all, 2021’s SPACs are trading 0.8% above their debut levels, compared with an average 6.0% gain by the year’s traditional IPOs.\nThe trouble in SPACs comes alongside other signs of weakness in the global IPO market even as the S&P 500 continues to trade near record highs. Stocks rose on Wednesday amid a surge in the Nasdaq 100.\nPostmarket launches of U.S. secondary offerings:\nAcademy Sports (ASO)\n\nBookrunners: JPMorgan\nShares -3.5% postmarket\nSeller unknown\n\nIdentiv (INVE)\n\nBookrunners: B. Riley, Lake Street, Northland\nShares -2.2% postmarket\nSeller: Company\n\nOtonomy (OTIC)\n\nBookrunners: Cowen, Piper Sandler\nShares -9.8% postmarket\nSeller: Company","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"CN"},{"id":341730822,"gmtCreate":1617854000166,"gmtModify":1704703971684,"author":{"id":"3580348004146675","authorId":"3580348004146675","name":"sugizoi4u","avatar":"https://static.tigerbbs.com/c7f987f771f67981d200c8f1cd598c70","vip":1,"crmLevel":1,"crmLevelSwitch":0,"authorIdStr":"3580348004146675","idStr":"3580348004146675"},"htmlText":"Pls like and comment. Thanks.","listText":"Pls like and comment. Thanks.","text":"Pls like and comment. Thanks.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/341730822","repostId":1161762812,"repostType":4,"repost":{"id":"1161762812","pubTimestamp":1617849321,"share":"https://ttm.financial/m/news/1161762812?lang=&edition=fundamental","pubTime":"2021-04-08 10:35","market":"us","language":"en","title":"SPAC Bubble Pops: Flood Of New SPAC IPOs Hits A Brick Wall","url":"https://stock-news.laohu8.com/highlight/detail?id=1161762812","media":"zerohedge","summary":"\"3 SPAC IPOs this week after 2 last week after 276 in Q1 (vs 228 all of last yr vs 170 from 2013 – 2","content":"<blockquote>\n <b>\"3 SPAC IPOs this week after 2 last week after 276 in Q1 (vs 228 all of last yr vs 170 from 2013 – 2019 combined)\"</b>\n <i>&nbsp; - Goldman Sachs trader John Flood, April 7, 2021</i>\n</blockquote>\n<p>As Bloomberg's Drew Singer writes, the days of special purpose acquisition companies debuting by the dozens on public exchanges appear to have come and gone, \"<b>spelling trouble for the broader market for initial public offerings.\"</b></p>\n<p>After fueling a&nbsp;record first quarter&nbsp;for IPOs, SPACs have suddenly stopped going public at anything close to the same scale, as if they hit a brick wall in the second quarter.</p>\n<p><img src=\"https://static.tigerbbs.com/0b05ad26c1c49a6844eeb81fd295988d\" tg-width=\"500\" tg-height=\"396\">The plunge in deal making follows weak trading in these vehicles, slow progress in their search for acquisitions and outperformance by traditional listings, not to mention various warnings by the SEC itself.</p>\n<p><img src=\"https://static.tigerbbs.com/4f44d233d9d6ac7e75d4b7162d333c3b\" tg-width=\"462\" tg-height=\"228\">Just three SPACs have listed this week, including two on Wednesday. This follows just a pair of IPOs by SPACs last week and compares to more than 20 deals a week during most of the year.</p>\n<p>Worse, according to Bloomberg data, public SPAC offerings are poised for their slowest two-week stretch since the end of 2020.&nbsp; While a reversal remains possible as we get further from Easter weekend,<b>investors have been signaling a growing distaste for these deals.</b>More than 100 or about a third of SPACs that went public this year are trading below their IPO price as investors&nbsp;wait&nbsp;for news of an acquisition. In all, 2021’s SPACs are trading 0.8% above their debut levels, compared with an average 6.0% gain by the year’s traditional IPOs.</p>\n<p>The trouble in SPACs comes alongside other signs of&nbsp;weakness&nbsp;in the global IPO market even as the S&amp;P 500 continues to trade near record highs. Stocks rose on Wednesday amid a surge in the Nasdaq 100.</p>\n<p>Postmarket launches of U.S. secondary offerings:</p>\n<p><b>Academy Sports (ASO)</b></p>\n<ul>\n <li>Bookrunners: JPMorgan</li>\n <li>Shares -3.5% postmarket</li>\n <li><u><b>Seller unknown</b></u></li>\n</ul>\n<p><b>Identiv (INVE)</b></p>\n<ul>\n <li>Bookrunners: B. Riley, Lake Street, Northland</li>\n <li>Shares -2.2% postmarket</li>\n <li>Seller: Company</li>\n</ul>\n<p><b>Otonomy (OTIC)</b></p>\n<ul>\n <li>Bookrunners: Cowen, Piper Sandler</li>\n <li>Shares -9.8% postmarket</li>\n <li>Seller: Company</li>\n</ul>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>SPAC Bubble Pops: Flood Of New SPAC IPOs Hits A Brick Wall</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSPAC Bubble Pops: Flood Of New SPAC IPOs Hits A Brick Wall\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-04-08 10:35 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.zerohedge.com/markets/spac-bubble-pops-flood-new-spac-ipos-hits-brick-wall?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+zerohedge%2Ffeed+%28zero+hedge+-+on+a+long+enough+timeline%2C+the+survival+rate+for+everyone+drops+to+zero%29><strong>zerohedge</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>\"3 SPAC IPOs this week after 2 last week after 276 in Q1 (vs 228 all of last yr vs 170 from 2013 – 2019 combined)\"\n  - Goldman Sachs trader John Flood, April 7, 2021\n\nAs Bloomberg's Drew Singer writes...</p>\n\n<a href=\"https://www.zerohedge.com/markets/spac-bubble-pops-flood-new-spac-ipos-hits-brick-wall?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+zerohedge%2Ffeed+%28zero+hedge+-+on+a+long+enough+timeline%2C+the+survival+rate+for+everyone+drops+to+zero%29\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TUGCU":"TradeUP Global Corp."},"source_url":"https://www.zerohedge.com/markets/spac-bubble-pops-flood-new-spac-ipos-hits-brick-wall?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+zerohedge%2Ffeed+%28zero+hedge+-+on+a+long+enough+timeline%2C+the+survival+rate+for+everyone+drops+to+zero%29","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1161762812","content_text":"\"3 SPAC IPOs this week after 2 last week after 276 in Q1 (vs 228 all of last yr vs 170 from 2013 – 2019 combined)\"\n  - Goldman Sachs trader John Flood, April 7, 2021\n\nAs Bloomberg's Drew Singer writes, the days of special purpose acquisition companies debuting by the dozens on public exchanges appear to have come and gone, \"spelling trouble for the broader market for initial public offerings.\"\nAfter fueling a record first quarter for IPOs, SPACs have suddenly stopped going public at anything close to the same scale, as if they hit a brick wall in the second quarter.\nThe plunge in deal making follows weak trading in these vehicles, slow progress in their search for acquisitions and outperformance by traditional listings, not to mention various warnings by the SEC itself.\nJust three SPACs have listed this week, including two on Wednesday. This follows just a pair of IPOs by SPACs last week and compares to more than 20 deals a week during most of the year.\nWorse, according to Bloomberg data, public SPAC offerings are poised for their slowest two-week stretch since the end of 2020.  While a reversal remains possible as we get further from Easter weekend,investors have been signaling a growing distaste for these deals.More than 100 or about a third of SPACs that went public this year are trading below their IPO price as investors wait for news of an acquisition. In all, 2021’s SPACs are trading 0.8% above their debut levels, compared with an average 6.0% gain by the year’s traditional IPOs.\nThe trouble in SPACs comes alongside other signs of weakness in the global IPO market even as the S&P 500 continues to trade near record highs. Stocks rose on Wednesday amid a surge in the Nasdaq 100.\nPostmarket launches of U.S. secondary offerings:\nAcademy Sports (ASO)\n\nBookrunners: JPMorgan\nShares -3.5% postmarket\nSeller unknown\n\nIdentiv (INVE)\n\nBookrunners: B. Riley, Lake Street, Northland\nShares -2.2% postmarket\nSeller: Company\n\nOtonomy (OTIC)\n\nBookrunners: Cowen, Piper Sandler\nShares -9.8% postmarket\nSeller: Company","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":3984580,"gmtCreate":1617854172005,"gmtModify":1680783271913,"authorId":3568731733246034,"author":{"id":3568731733246034,"idStr":"3568731733246034","authorId":3568731733246034,"name":"Moneyface","avatar":"https://static.tigerbbs.com/bd761fe3d55bd38bd86fe04152134899","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":341730822,"type":1,"supId":0,"prevId":0,"content":"Ok","text":"Ok","html":"Ok"},{"id":3984585,"gmtCreate":1617854230176,"gmtModify":1680783270038,"authorId":3580348004146675,"author":{"id":3580348004146675,"idStr":"3580348004146675","authorId":3580348004146675,"name":"sugizoi4u","avatar":"https://static.tigerbbs.com/c7f987f771f67981d200c8f1cd598c70","vip":1,"crmLevel":1,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":341730822,"type":1,"supId":0,"prevId":0,"content":"Thanks","text":"Thanks","html":"Thanks"}],"langContent":"EN"},{"id":341795727,"gmtCreate":1617853753169,"gmtModify":1704703967416,"author":{"id":"3571392409099070","authorId":"3571392409099070","name":"ConnieCD","avatar":"https://community-static.tradeup.com/news/675ee724e69e84976e194bef3842dbb7","vip":1,"crmLevel":6,"crmLevelSwitch":1,"authorIdStr":"3571392409099070","idStr":"3571392409099070"},"htmlText":"Okie&nbsp;","listText":"Okie&nbsp;","text":"Okie","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/341795727","repostId":1161762812,"repostType":4,"repost":{"id":"1161762812","pubTimestamp":1617849321,"share":"https://ttm.financial/m/news/1161762812?lang=&edition=fundamental","pubTime":"2021-04-08 10:35","market":"us","language":"en","title":"SPAC Bubble Pops: Flood Of New SPAC IPOs Hits A Brick Wall","url":"https://stock-news.laohu8.com/highlight/detail?id=1161762812","media":"zerohedge","summary":"\"3 SPAC IPOs this week after 2 last week after 276 in Q1 (vs 228 all of last yr vs 170 from 2013 – 2","content":"<blockquote>\n <b>\"3 SPAC IPOs this week after 2 last week after 276 in Q1 (vs 228 all of last yr vs 170 from 2013 – 2019 combined)\"</b>\n <i>&nbsp; - Goldman Sachs trader John Flood, April 7, 2021</i>\n</blockquote>\n<p>As Bloomberg's Drew Singer writes, the days of special purpose acquisition companies debuting by the dozens on public exchanges appear to have come and gone, \"<b>spelling trouble for the broader market for initial public offerings.\"</b></p>\n<p>After fueling a&nbsp;record first quarter&nbsp;for IPOs, SPACs have suddenly stopped going public at anything close to the same scale, as if they hit a brick wall in the second quarter.</p>\n<p><img src=\"https://static.tigerbbs.com/0b05ad26c1c49a6844eeb81fd295988d\" tg-width=\"500\" tg-height=\"396\">The plunge in deal making follows weak trading in these vehicles, slow progress in their search for acquisitions and outperformance by traditional listings, not to mention various warnings by the SEC itself.</p>\n<p><img src=\"https://static.tigerbbs.com/4f44d233d9d6ac7e75d4b7162d333c3b\" tg-width=\"462\" tg-height=\"228\">Just three SPACs have listed this week, including two on Wednesday. This follows just a pair of IPOs by SPACs last week and compares to more than 20 deals a week during most of the year.</p>\n<p>Worse, according to Bloomberg data, public SPAC offerings are poised for their slowest two-week stretch since the end of 2020.&nbsp; While a reversal remains possible as we get further from Easter weekend,<b>investors have been signaling a growing distaste for these deals.</b>More than 100 or about a third of SPACs that went public this year are trading below their IPO price as investors&nbsp;wait&nbsp;for news of an acquisition. In all, 2021’s SPACs are trading 0.8% above their debut levels, compared with an average 6.0% gain by the year’s traditional IPOs.</p>\n<p>The trouble in SPACs comes alongside other signs of&nbsp;weakness&nbsp;in the global IPO market even as the S&amp;P 500 continues to trade near record highs. Stocks rose on Wednesday amid a surge in the Nasdaq 100.</p>\n<p>Postmarket launches of U.S. secondary offerings:</p>\n<p><b>Academy Sports (ASO)</b></p>\n<ul>\n <li>Bookrunners: JPMorgan</li>\n <li>Shares -3.5% postmarket</li>\n <li><u><b>Seller unknown</b></u></li>\n</ul>\n<p><b>Identiv (INVE)</b></p>\n<ul>\n <li>Bookrunners: B. Riley, Lake Street, Northland</li>\n <li>Shares -2.2% postmarket</li>\n <li>Seller: Company</li>\n</ul>\n<p><b>Otonomy (OTIC)</b></p>\n<ul>\n <li>Bookrunners: Cowen, Piper Sandler</li>\n <li>Shares -9.8% postmarket</li>\n <li>Seller: Company</li>\n</ul>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>SPAC Bubble Pops: Flood Of New SPAC IPOs Hits A Brick Wall</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSPAC Bubble Pops: Flood Of New SPAC IPOs Hits A Brick Wall\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-04-08 10:35 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.zerohedge.com/markets/spac-bubble-pops-flood-new-spac-ipos-hits-brick-wall?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+zerohedge%2Ffeed+%28zero+hedge+-+on+a+long+enough+timeline%2C+the+survival+rate+for+everyone+drops+to+zero%29><strong>zerohedge</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>\"3 SPAC IPOs this week after 2 last week after 276 in Q1 (vs 228 all of last yr vs 170 from 2013 – 2019 combined)\"\n  - Goldman Sachs trader John Flood, April 7, 2021\n\nAs Bloomberg's Drew Singer writes...</p>\n\n<a href=\"https://www.zerohedge.com/markets/spac-bubble-pops-flood-new-spac-ipos-hits-brick-wall?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+zerohedge%2Ffeed+%28zero+hedge+-+on+a+long+enough+timeline%2C+the+survival+rate+for+everyone+drops+to+zero%29\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TUGCU":"TradeUP Global Corp."},"source_url":"https://www.zerohedge.com/markets/spac-bubble-pops-flood-new-spac-ipos-hits-brick-wall?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+zerohedge%2Ffeed+%28zero+hedge+-+on+a+long+enough+timeline%2C+the+survival+rate+for+everyone+drops+to+zero%29","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1161762812","content_text":"\"3 SPAC IPOs this week after 2 last week after 276 in Q1 (vs 228 all of last yr vs 170 from 2013 – 2019 combined)\"\n  - Goldman Sachs trader John Flood, April 7, 2021\n\nAs Bloomberg's Drew Singer writes, the days of special purpose acquisition companies debuting by the dozens on public exchanges appear to have come and gone, \"spelling trouble for the broader market for initial public offerings.\"\nAfter fueling a record first quarter for IPOs, SPACs have suddenly stopped going public at anything close to the same scale, as if they hit a brick wall in the second quarter.\nThe plunge in deal making follows weak trading in these vehicles, slow progress in their search for acquisitions and outperformance by traditional listings, not to mention various warnings by the SEC itself.\nJust three SPACs have listed this week, including two on Wednesday. This follows just a pair of IPOs by SPACs last week and compares to more than 20 deals a week during most of the year.\nWorse, according to Bloomberg data, public SPAC offerings are poised for their slowest two-week stretch since the end of 2020.  While a reversal remains possible as we get further from Easter weekend,investors have been signaling a growing distaste for these deals.More than 100 or about a third of SPACs that went public this year are trading below their IPO price as investors wait for news of an acquisition. In all, 2021’s SPACs are trading 0.8% above their debut levels, compared with an average 6.0% gain by the year’s traditional IPOs.\nThe trouble in SPACs comes alongside other signs of weakness in the global IPO market even as the S&P 500 continues to trade near record highs. Stocks rose on Wednesday amid a surge in the Nasdaq 100.\nPostmarket launches of U.S. secondary offerings:\nAcademy Sports (ASO)\n\nBookrunners: JPMorgan\nShares -3.5% postmarket\nSeller unknown\n\nIdentiv (INVE)\n\nBookrunners: B. Riley, Lake Street, Northland\nShares -2.2% postmarket\nSeller: Company\n\nOtonomy (OTIC)\n\nBookrunners: Cowen, Piper Sandler\nShares -9.8% postmarket\nSeller: Company","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":3984611,"gmtCreate":1617854588945,"gmtModify":1680783269305,"authorId":3571625443074591,"author":{"id":3571625443074591,"idStr":"3571625443074591","authorId":3571625443074591,"name":"Stormriders28","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":2,"crmLevelSwitch":1,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":341795727,"type":1,"supId":0,"prevId":0,"content":"[强]","text":"[强]","html":"[强]"}],"langContent":"EN"},{"id":341796816,"gmtCreate":1617853491435,"gmtModify":1704703964294,"author":{"id":"3574636093461410","authorId":"3574636093461410","name":"thammada","avatar":"https://static.tigerbbs.com/64bd66fcccfc86b5e81286648668869b","vip":1,"crmLevel":1,"crmLevelSwitch":0,"authorIdStr":"3574636093461410","idStr":"3574636093461410"},"htmlText":"SPAC up&nbsp;into space!","listText":"SPAC up&nbsp;into space!","text":"SPAC up into space!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/341796816","repostId":1161762812,"repostType":4,"repost":{"id":"1161762812","pubTimestamp":1617849321,"share":"https://ttm.financial/m/news/1161762812?lang=&edition=fundamental","pubTime":"2021-04-08 10:35","market":"us","language":"en","title":"SPAC Bubble Pops: Flood Of New SPAC IPOs Hits A Brick Wall","url":"https://stock-news.laohu8.com/highlight/detail?id=1161762812","media":"zerohedge","summary":"\"3 SPAC IPOs this week after 2 last week after 276 in Q1 (vs 228 all of last yr vs 170 from 2013 – 2","content":"<blockquote>\n <b>\"3 SPAC IPOs this week after 2 last week after 276 in Q1 (vs 228 all of last yr vs 170 from 2013 – 2019 combined)\"</b>\n <i>&nbsp; - Goldman Sachs trader John Flood, April 7, 2021</i>\n</blockquote>\n<p>As Bloomberg's Drew Singer writes, the days of special purpose acquisition companies debuting by the dozens on public exchanges appear to have come and gone, \"<b>spelling trouble for the broader market for initial public offerings.\"</b></p>\n<p>After fueling a&nbsp;record first quarter&nbsp;for IPOs, SPACs have suddenly stopped going public at anything close to the same scale, as if they hit a brick wall in the second quarter.</p>\n<p><img src=\"https://static.tigerbbs.com/0b05ad26c1c49a6844eeb81fd295988d\" tg-width=\"500\" tg-height=\"396\">The plunge in deal making follows weak trading in these vehicles, slow progress in their search for acquisitions and outperformance by traditional listings, not to mention various warnings by the SEC itself.</p>\n<p><img src=\"https://static.tigerbbs.com/4f44d233d9d6ac7e75d4b7162d333c3b\" tg-width=\"462\" tg-height=\"228\">Just three SPACs have listed this week, including two on Wednesday. This follows just a pair of IPOs by SPACs last week and compares to more than 20 deals a week during most of the year.</p>\n<p>Worse, according to Bloomberg data, public SPAC offerings are poised for their slowest two-week stretch since the end of 2020.&nbsp; While a reversal remains possible as we get further from Easter weekend,<b>investors have been signaling a growing distaste for these deals.</b>More than 100 or about a third of SPACs that went public this year are trading below their IPO price as investors&nbsp;wait&nbsp;for news of an acquisition. In all, 2021’s SPACs are trading 0.8% above their debut levels, compared with an average 6.0% gain by the year’s traditional IPOs.</p>\n<p>The trouble in SPACs comes alongside other signs of&nbsp;weakness&nbsp;in the global IPO market even as the S&amp;P 500 continues to trade near record highs. Stocks rose on Wednesday amid a surge in the Nasdaq 100.</p>\n<p>Postmarket launches of U.S. secondary offerings:</p>\n<p><b>Academy Sports (ASO)</b></p>\n<ul>\n <li>Bookrunners: JPMorgan</li>\n <li>Shares -3.5% postmarket</li>\n <li><u><b>Seller unknown</b></u></li>\n</ul>\n<p><b>Identiv (INVE)</b></p>\n<ul>\n <li>Bookrunners: B. Riley, Lake Street, Northland</li>\n <li>Shares -2.2% postmarket</li>\n <li>Seller: Company</li>\n</ul>\n<p><b>Otonomy (OTIC)</b></p>\n<ul>\n <li>Bookrunners: Cowen, Piper Sandler</li>\n <li>Shares -9.8% postmarket</li>\n <li>Seller: Company</li>\n</ul>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>SPAC Bubble Pops: Flood Of New SPAC IPOs Hits A Brick Wall</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSPAC Bubble Pops: Flood Of New SPAC IPOs Hits A Brick Wall\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-04-08 10:35 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.zerohedge.com/markets/spac-bubble-pops-flood-new-spac-ipos-hits-brick-wall?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+zerohedge%2Ffeed+%28zero+hedge+-+on+a+long+enough+timeline%2C+the+survival+rate+for+everyone+drops+to+zero%29><strong>zerohedge</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>\"3 SPAC IPOs this week after 2 last week after 276 in Q1 (vs 228 all of last yr vs 170 from 2013 – 2019 combined)\"\n  - Goldman Sachs trader John Flood, April 7, 2021\n\nAs Bloomberg's Drew Singer writes...</p>\n\n<a href=\"https://www.zerohedge.com/markets/spac-bubble-pops-flood-new-spac-ipos-hits-brick-wall?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+zerohedge%2Ffeed+%28zero+hedge+-+on+a+long+enough+timeline%2C+the+survival+rate+for+everyone+drops+to+zero%29\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TUGCU":"TradeUP Global Corp."},"source_url":"https://www.zerohedge.com/markets/spac-bubble-pops-flood-new-spac-ipos-hits-brick-wall?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+zerohedge%2Ffeed+%28zero+hedge+-+on+a+long+enough+timeline%2C+the+survival+rate+for+everyone+drops+to+zero%29","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1161762812","content_text":"\"3 SPAC IPOs this week after 2 last week after 276 in Q1 (vs 228 all of last yr vs 170 from 2013 – 2019 combined)\"\n  - Goldman Sachs trader John Flood, April 7, 2021\n\nAs Bloomberg's Drew Singer writes, the days of special purpose acquisition companies debuting by the dozens on public exchanges appear to have come and gone, \"spelling trouble for the broader market for initial public offerings.\"\nAfter fueling a record first quarter for IPOs, SPACs have suddenly stopped going public at anything close to the same scale, as if they hit a brick wall in the second quarter.\nThe plunge in deal making follows weak trading in these vehicles, slow progress in their search for acquisitions and outperformance by traditional listings, not to mention various warnings by the SEC itself.\nJust three SPACs have listed this week, including two on Wednesday. This follows just a pair of IPOs by SPACs last week and compares to more than 20 deals a week during most of the year.\nWorse, according to Bloomberg data, public SPAC offerings are poised for their slowest two-week stretch since the end of 2020.  While a reversal remains possible as we get further from Easter weekend,investors have been signaling a growing distaste for these deals.More than 100 or about a third of SPACs that went public this year are trading below their IPO price as investors wait for news of an acquisition. In all, 2021’s SPACs are trading 0.8% above their debut levels, compared with an average 6.0% gain by the year’s traditional IPOs.\nThe trouble in SPACs comes alongside other signs of weakness in the global IPO market even as the S&P 500 continues to trade near record highs. Stocks rose on Wednesday amid a surge in the Nasdaq 100.\nPostmarket launches of U.S. secondary offerings:\nAcademy Sports (ASO)\n\nBookrunners: JPMorgan\nShares -3.5% postmarket\nSeller unknown\n\nIdentiv (INVE)\n\nBookrunners: B. Riley, Lake Street, Northland\nShares -2.2% postmarket\nSeller: Company\n\nOtonomy (OTIC)\n\nBookrunners: Cowen, Piper Sandler\nShares -9.8% postmarket\nSeller: Company","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":341705418,"gmtCreate":1617852816734,"gmtModify":1704703953268,"author":{"id":"3576791655840004","authorId":"3576791655840004","name":"YenChing","avatar":"https://static.tigerbbs.com/6fdba5c5235dd9ac0d65620b074efb9b","vip":1,"crmLevel":1,"crmLevelSwitch":0,"authorIdStr":"3576791655840004","idStr":"3576791655840004"},"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/341705418","repostId":1161762812,"repostType":4,"repost":{"id":"1161762812","pubTimestamp":1617849321,"share":"https://ttm.financial/m/news/1161762812?lang=&edition=fundamental","pubTime":"2021-04-08 10:35","market":"us","language":"en","title":"SPAC Bubble Pops: Flood Of New SPAC IPOs Hits A Brick Wall","url":"https://stock-news.laohu8.com/highlight/detail?id=1161762812","media":"zerohedge","summary":"\"3 SPAC IPOs this week after 2 last week after 276 in Q1 (vs 228 all of last yr vs 170 from 2013 – 2","content":"<blockquote>\n <b>\"3 SPAC IPOs this week after 2 last week after 276 in Q1 (vs 228 all of last yr vs 170 from 2013 – 2019 combined)\"</b>\n <i>&nbsp; - Goldman Sachs trader John Flood, April 7, 2021</i>\n</blockquote>\n<p>As Bloomberg's Drew Singer writes, the days of special purpose acquisition companies debuting by the dozens on public exchanges appear to have come and gone, \"<b>spelling trouble for the broader market for initial public offerings.\"</b></p>\n<p>After fueling a&nbsp;record first quarter&nbsp;for IPOs, SPACs have suddenly stopped going public at anything close to the same scale, as if they hit a brick wall in the second quarter.</p>\n<p><img src=\"https://static.tigerbbs.com/0b05ad26c1c49a6844eeb81fd295988d\" tg-width=\"500\" tg-height=\"396\">The plunge in deal making follows weak trading in these vehicles, slow progress in their search for acquisitions and outperformance by traditional listings, not to mention various warnings by the SEC itself.</p>\n<p><img src=\"https://static.tigerbbs.com/4f44d233d9d6ac7e75d4b7162d333c3b\" tg-width=\"462\" tg-height=\"228\">Just three SPACs have listed this week, including two on Wednesday. This follows just a pair of IPOs by SPACs last week and compares to more than 20 deals a week during most of the year.</p>\n<p>Worse, according to Bloomberg data, public SPAC offerings are poised for their slowest two-week stretch since the end of 2020.&nbsp; While a reversal remains possible as we get further from Easter weekend,<b>investors have been signaling a growing distaste for these deals.</b>More than 100 or about a third of SPACs that went public this year are trading below their IPO price as investors&nbsp;wait&nbsp;for news of an acquisition. In all, 2021’s SPACs are trading 0.8% above their debut levels, compared with an average 6.0% gain by the year’s traditional IPOs.</p>\n<p>The trouble in SPACs comes alongside other signs of&nbsp;weakness&nbsp;in the global IPO market even as the S&amp;P 500 continues to trade near record highs. Stocks rose on Wednesday amid a surge in the Nasdaq 100.</p>\n<p>Postmarket launches of U.S. secondary offerings:</p>\n<p><b>Academy Sports (ASO)</b></p>\n<ul>\n <li>Bookrunners: JPMorgan</li>\n <li>Shares -3.5% postmarket</li>\n <li><u><b>Seller unknown</b></u></li>\n</ul>\n<p><b>Identiv (INVE)</b></p>\n<ul>\n <li>Bookrunners: B. Riley, Lake Street, Northland</li>\n <li>Shares -2.2% postmarket</li>\n <li>Seller: Company</li>\n</ul>\n<p><b>Otonomy (OTIC)</b></p>\n<ul>\n <li>Bookrunners: Cowen, Piper Sandler</li>\n <li>Shares -9.8% postmarket</li>\n <li>Seller: Company</li>\n</ul>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>SPAC Bubble Pops: Flood Of New SPAC IPOs Hits A Brick Wall</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSPAC Bubble Pops: Flood Of New SPAC IPOs Hits A Brick Wall\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-04-08 10:35 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.zerohedge.com/markets/spac-bubble-pops-flood-new-spac-ipos-hits-brick-wall?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+zerohedge%2Ffeed+%28zero+hedge+-+on+a+long+enough+timeline%2C+the+survival+rate+for+everyone+drops+to+zero%29><strong>zerohedge</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>\"3 SPAC IPOs this week after 2 last week after 276 in Q1 (vs 228 all of last yr vs 170 from 2013 – 2019 combined)\"\n  - Goldman Sachs trader John Flood, April 7, 2021\n\nAs Bloomberg's Drew Singer writes...</p>\n\n<a href=\"https://www.zerohedge.com/markets/spac-bubble-pops-flood-new-spac-ipos-hits-brick-wall?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+zerohedge%2Ffeed+%28zero+hedge+-+on+a+long+enough+timeline%2C+the+survival+rate+for+everyone+drops+to+zero%29\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TUGCU":"TradeUP Global Corp."},"source_url":"https://www.zerohedge.com/markets/spac-bubble-pops-flood-new-spac-ipos-hits-brick-wall?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+zerohedge%2Ffeed+%28zero+hedge+-+on+a+long+enough+timeline%2C+the+survival+rate+for+everyone+drops+to+zero%29","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1161762812","content_text":"\"3 SPAC IPOs this week after 2 last week after 276 in Q1 (vs 228 all of last yr vs 170 from 2013 – 2019 combined)\"\n  - Goldman Sachs trader John Flood, April 7, 2021\n\nAs Bloomberg's Drew Singer writes, the days of special purpose acquisition companies debuting by the dozens on public exchanges appear to have come and gone, \"spelling trouble for the broader market for initial public offerings.\"\nAfter fueling a record first quarter for IPOs, SPACs have suddenly stopped going public at anything close to the same scale, as if they hit a brick wall in the second quarter.\nThe plunge in deal making follows weak trading in these vehicles, slow progress in their search for acquisitions and outperformance by traditional listings, not to mention various warnings by the SEC itself.\nJust three SPACs have listed this week, including two on Wednesday. This follows just a pair of IPOs by SPACs last week and compares to more than 20 deals a week during most of the year.\nWorse, according to Bloomberg data, public SPAC offerings are poised for their slowest two-week stretch since the end of 2020.  While a reversal remains possible as we get further from Easter weekend,investors have been signaling a growing distaste for these deals.More than 100 or about a third of SPACs that went public this year are trading below their IPO price as investors wait for news of an acquisition. In all, 2021’s SPACs are trading 0.8% above their debut levels, compared with an average 6.0% gain by the year’s traditional IPOs.\nThe trouble in SPACs comes alongside other signs of weakness in the global IPO market even as the S&P 500 continues to trade near record highs. Stocks rose on Wednesday amid a surge in the Nasdaq 100.\nPostmarket launches of U.S. secondary offerings:\nAcademy Sports (ASO)\n\nBookrunners: JPMorgan\nShares -3.5% postmarket\nSeller unknown\n\nIdentiv (INVE)\n\nBookrunners: B. Riley, Lake Street, Northland\nShares -2.2% postmarket\nSeller: Company\n\nOtonomy (OTIC)\n\nBookrunners: Cowen, Piper Sandler\nShares -9.8% postmarket\nSeller: Company","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":341701513,"gmtCreate":1617852428732,"gmtModify":1704703947044,"author":{"id":"3579925209341859","authorId":"3579925209341859","name":"FlyHighFly","avatar":"https://static.tigerbbs.com/a610574cab0fe2ee4e79d08d0eb9ce6c","vip":1,"crmLevel":3,"crmLevelSwitch":0,"authorIdStr":"3579925209341859","idStr":"3579925209341859"},"htmlText":"Please like and comment. Thank thanks","listText":"Please like and comment. Thank thanks","text":"Please like and comment. Thank thanks","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/341701513","repostId":1161762812,"repostType":4,"repost":{"id":"1161762812","pubTimestamp":1617849321,"share":"https://ttm.financial/m/news/1161762812?lang=&edition=fundamental","pubTime":"2021-04-08 10:35","market":"us","language":"en","title":"SPAC Bubble Pops: Flood Of New SPAC IPOs Hits A Brick Wall","url":"https://stock-news.laohu8.com/highlight/detail?id=1161762812","media":"zerohedge","summary":"\"3 SPAC IPOs this week after 2 last week after 276 in Q1 (vs 228 all of last yr vs 170 from 2013 – 2","content":"<blockquote>\n <b>\"3 SPAC IPOs this week after 2 last week after 276 in Q1 (vs 228 all of last yr vs 170 from 2013 – 2019 combined)\"</b>\n <i>&nbsp; - Goldman Sachs trader John Flood, April 7, 2021</i>\n</blockquote>\n<p>As Bloomberg's Drew Singer writes, the days of special purpose acquisition companies debuting by the dozens on public exchanges appear to have come and gone, \"<b>spelling trouble for the broader market for initial public offerings.\"</b></p>\n<p>After fueling a&nbsp;record first quarter&nbsp;for IPOs, SPACs have suddenly stopped going public at anything close to the same scale, as if they hit a brick wall in the second quarter.</p>\n<p><img src=\"https://static.tigerbbs.com/0b05ad26c1c49a6844eeb81fd295988d\" tg-width=\"500\" tg-height=\"396\">The plunge in deal making follows weak trading in these vehicles, slow progress in their search for acquisitions and outperformance by traditional listings, not to mention various warnings by the SEC itself.</p>\n<p><img src=\"https://static.tigerbbs.com/4f44d233d9d6ac7e75d4b7162d333c3b\" tg-width=\"462\" tg-height=\"228\">Just three SPACs have listed this week, including two on Wednesday. This follows just a pair of IPOs by SPACs last week and compares to more than 20 deals a week during most of the year.</p>\n<p>Worse, according to Bloomberg data, public SPAC offerings are poised for their slowest two-week stretch since the end of 2020.&nbsp; While a reversal remains possible as we get further from Easter weekend,<b>investors have been signaling a growing distaste for these deals.</b>More than 100 or about a third of SPACs that went public this year are trading below their IPO price as investors&nbsp;wait&nbsp;for news of an acquisition. In all, 2021’s SPACs are trading 0.8% above their debut levels, compared with an average 6.0% gain by the year’s traditional IPOs.</p>\n<p>The trouble in SPACs comes alongside other signs of&nbsp;weakness&nbsp;in the global IPO market even as the S&amp;P 500 continues to trade near record highs. Stocks rose on Wednesday amid a surge in the Nasdaq 100.</p>\n<p>Postmarket launches of U.S. secondary offerings:</p>\n<p><b>Academy Sports (ASO)</b></p>\n<ul>\n <li>Bookrunners: JPMorgan</li>\n <li>Shares -3.5% postmarket</li>\n <li><u><b>Seller unknown</b></u></li>\n</ul>\n<p><b>Identiv (INVE)</b></p>\n<ul>\n <li>Bookrunners: B. Riley, Lake Street, Northland</li>\n <li>Shares -2.2% postmarket</li>\n <li>Seller: Company</li>\n</ul>\n<p><b>Otonomy (OTIC)</b></p>\n<ul>\n <li>Bookrunners: Cowen, Piper Sandler</li>\n <li>Shares -9.8% postmarket</li>\n <li>Seller: Company</li>\n</ul>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>SPAC Bubble Pops: Flood Of New SPAC IPOs Hits A Brick Wall</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSPAC Bubble Pops: Flood Of New SPAC IPOs Hits A Brick Wall\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-04-08 10:35 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.zerohedge.com/markets/spac-bubble-pops-flood-new-spac-ipos-hits-brick-wall?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+zerohedge%2Ffeed+%28zero+hedge+-+on+a+long+enough+timeline%2C+the+survival+rate+for+everyone+drops+to+zero%29><strong>zerohedge</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>\"3 SPAC IPOs this week after 2 last week after 276 in Q1 (vs 228 all of last yr vs 170 from 2013 – 2019 combined)\"\n  - Goldman Sachs trader John Flood, April 7, 2021\n\nAs Bloomberg's Drew Singer writes...</p>\n\n<a href=\"https://www.zerohedge.com/markets/spac-bubble-pops-flood-new-spac-ipos-hits-brick-wall?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+zerohedge%2Ffeed+%28zero+hedge+-+on+a+long+enough+timeline%2C+the+survival+rate+for+everyone+drops+to+zero%29\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TUGCU":"TradeUP Global Corp."},"source_url":"https://www.zerohedge.com/markets/spac-bubble-pops-flood-new-spac-ipos-hits-brick-wall?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+zerohedge%2Ffeed+%28zero+hedge+-+on+a+long+enough+timeline%2C+the+survival+rate+for+everyone+drops+to+zero%29","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1161762812","content_text":"\"3 SPAC IPOs this week after 2 last week after 276 in Q1 (vs 228 all of last yr vs 170 from 2013 – 2019 combined)\"\n  - Goldman Sachs trader John Flood, April 7, 2021\n\nAs Bloomberg's Drew Singer writes, the days of special purpose acquisition companies debuting by the dozens on public exchanges appear to have come and gone, \"spelling trouble for the broader market for initial public offerings.\"\nAfter fueling a record first quarter for IPOs, SPACs have suddenly stopped going public at anything close to the same scale, as if they hit a brick wall in the second quarter.\nThe plunge in deal making follows weak trading in these vehicles, slow progress in their search for acquisitions and outperformance by traditional listings, not to mention various warnings by the SEC itself.\nJust three SPACs have listed this week, including two on Wednesday. This follows just a pair of IPOs by SPACs last week and compares to more than 20 deals a week during most of the year.\nWorse, according to Bloomberg data, public SPAC offerings are poised for their slowest two-week stretch since the end of 2020.  While a reversal remains possible as we get further from Easter weekend,investors have been signaling a growing distaste for these deals.More than 100 or about a third of SPACs that went public this year are trading below their IPO price as investors wait for news of an acquisition. In all, 2021’s SPACs are trading 0.8% above their debut levels, compared with an average 6.0% gain by the year’s traditional IPOs.\nThe trouble in SPACs comes alongside other signs of weakness in the global IPO market even as the S&P 500 continues to trade near record highs. Stocks rose on Wednesday amid a surge in the Nasdaq 100.\nPostmarket launches of U.S. secondary offerings:\nAcademy Sports (ASO)\n\nBookrunners: JPMorgan\nShares -3.5% postmarket\nSeller unknown\n\nIdentiv (INVE)\n\nBookrunners: B. Riley, Lake Street, Northland\nShares -2.2% postmarket\nSeller: Company\n\nOtonomy (OTIC)\n\nBookrunners: Cowen, Piper Sandler\nShares -9.8% postmarket\nSeller: Company","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":341701816,"gmtCreate":1617852375335,"gmtModify":1704703946020,"author":{"id":"3577244352238893","authorId":"3577244352238893","name":"YL95","avatar":"https://static.tigerbbs.com/8b86b6471f22878b3b18e813fd7a14e2","vip":1,"crmLevel":6,"crmLevelSwitch":0,"authorIdStr":"3577244352238893","idStr":"3577244352238893"},"htmlText":"Hi","listText":"Hi","text":"Hi","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/341701816","repostId":1161762812,"repostType":4,"repost":{"id":"1161762812","pubTimestamp":1617849321,"share":"https://ttm.financial/m/news/1161762812?lang=&edition=fundamental","pubTime":"2021-04-08 10:35","market":"us","language":"en","title":"SPAC Bubble Pops: Flood Of New SPAC IPOs Hits A Brick Wall","url":"https://stock-news.laohu8.com/highlight/detail?id=1161762812","media":"zerohedge","summary":"\"3 SPAC IPOs this week after 2 last week after 276 in Q1 (vs 228 all of last yr vs 170 from 2013 – 2","content":"<blockquote>\n <b>\"3 SPAC IPOs this week after 2 last week after 276 in Q1 (vs 228 all of last yr vs 170 from 2013 – 2019 combined)\"</b>\n <i>&nbsp; - Goldman Sachs trader John Flood, April 7, 2021</i>\n</blockquote>\n<p>As Bloomberg's Drew Singer writes, the days of special purpose acquisition companies debuting by the dozens on public exchanges appear to have come and gone, \"<b>spelling trouble for the broader market for initial public offerings.\"</b></p>\n<p>After fueling a&nbsp;record first quarter&nbsp;for IPOs, SPACs have suddenly stopped going public at anything close to the same scale, as if they hit a brick wall in the second quarter.</p>\n<p><img src=\"https://static.tigerbbs.com/0b05ad26c1c49a6844eeb81fd295988d\" tg-width=\"500\" tg-height=\"396\">The plunge in deal making follows weak trading in these vehicles, slow progress in their search for acquisitions and outperformance by traditional listings, not to mention various warnings by the SEC itself.</p>\n<p><img src=\"https://static.tigerbbs.com/4f44d233d9d6ac7e75d4b7162d333c3b\" tg-width=\"462\" tg-height=\"228\">Just three SPACs have listed this week, including two on Wednesday. This follows just a pair of IPOs by SPACs last week and compares to more than 20 deals a week during most of the year.</p>\n<p>Worse, according to Bloomberg data, public SPAC offerings are poised for their slowest two-week stretch since the end of 2020.&nbsp; While a reversal remains possible as we get further from Easter weekend,<b>investors have been signaling a growing distaste for these deals.</b>More than 100 or about a third of SPACs that went public this year are trading below their IPO price as investors&nbsp;wait&nbsp;for news of an acquisition. In all, 2021’s SPACs are trading 0.8% above their debut levels, compared with an average 6.0% gain by the year’s traditional IPOs.</p>\n<p>The trouble in SPACs comes alongside other signs of&nbsp;weakness&nbsp;in the global IPO market even as the S&amp;P 500 continues to trade near record highs. Stocks rose on Wednesday amid a surge in the Nasdaq 100.</p>\n<p>Postmarket launches of U.S. secondary offerings:</p>\n<p><b>Academy Sports (ASO)</b></p>\n<ul>\n <li>Bookrunners: JPMorgan</li>\n <li>Shares -3.5% postmarket</li>\n <li><u><b>Seller unknown</b></u></li>\n</ul>\n<p><b>Identiv (INVE)</b></p>\n<ul>\n <li>Bookrunners: B. Riley, Lake Street, Northland</li>\n <li>Shares -2.2% postmarket</li>\n <li>Seller: Company</li>\n</ul>\n<p><b>Otonomy (OTIC)</b></p>\n<ul>\n <li>Bookrunners: Cowen, Piper Sandler</li>\n <li>Shares -9.8% postmarket</li>\n <li>Seller: Company</li>\n</ul>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>SPAC Bubble Pops: Flood Of New SPAC IPOs Hits A Brick Wall</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSPAC Bubble Pops: Flood Of New SPAC IPOs Hits A Brick Wall\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-04-08 10:35 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.zerohedge.com/markets/spac-bubble-pops-flood-new-spac-ipos-hits-brick-wall?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+zerohedge%2Ffeed+%28zero+hedge+-+on+a+long+enough+timeline%2C+the+survival+rate+for+everyone+drops+to+zero%29><strong>zerohedge</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>\"3 SPAC IPOs this week after 2 last week after 276 in Q1 (vs 228 all of last yr vs 170 from 2013 – 2019 combined)\"\n  - Goldman Sachs trader John Flood, April 7, 2021\n\nAs Bloomberg's Drew Singer writes...</p>\n\n<a href=\"https://www.zerohedge.com/markets/spac-bubble-pops-flood-new-spac-ipos-hits-brick-wall?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+zerohedge%2Ffeed+%28zero+hedge+-+on+a+long+enough+timeline%2C+the+survival+rate+for+everyone+drops+to+zero%29\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TUGCU":"TradeUP Global Corp."},"source_url":"https://www.zerohedge.com/markets/spac-bubble-pops-flood-new-spac-ipos-hits-brick-wall?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+zerohedge%2Ffeed+%28zero+hedge+-+on+a+long+enough+timeline%2C+the+survival+rate+for+everyone+drops+to+zero%29","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1161762812","content_text":"\"3 SPAC IPOs this week after 2 last week after 276 in Q1 (vs 228 all of last yr vs 170 from 2013 – 2019 combined)\"\n  - Goldman Sachs trader John Flood, April 7, 2021\n\nAs Bloomberg's Drew Singer writes, the days of special purpose acquisition companies debuting by the dozens on public exchanges appear to have come and gone, \"spelling trouble for the broader market for initial public offerings.\"\nAfter fueling a record first quarter for IPOs, SPACs have suddenly stopped going public at anything close to the same scale, as if they hit a brick wall in the second quarter.\nThe plunge in deal making follows weak trading in these vehicles, slow progress in their search for acquisitions and outperformance by traditional listings, not to mention various warnings by the SEC itself.\nJust three SPACs have listed this week, including two on Wednesday. This follows just a pair of IPOs by SPACs last week and compares to more than 20 deals a week during most of the year.\nWorse, according to Bloomberg data, public SPAC offerings are poised for their slowest two-week stretch since the end of 2020.  While a reversal remains possible as we get further from Easter weekend,investors have been signaling a growing distaste for these deals.More than 100 or about a third of SPACs that went public this year are trading below their IPO price as investors wait for news of an acquisition. In all, 2021’s SPACs are trading 0.8% above their debut levels, compared with an average 6.0% gain by the year’s traditional IPOs.\nThe trouble in SPACs comes alongside other signs of weakness in the global IPO market even as the S&P 500 continues to trade near record highs. Stocks rose on Wednesday amid a surge in the Nasdaq 100.\nPostmarket launches of U.S. secondary offerings:\nAcademy Sports (ASO)\n\nBookrunners: JPMorgan\nShares -3.5% postmarket\nSeller unknown\n\nIdentiv (INVE)\n\nBookrunners: B. Riley, Lake Street, Northland\nShares -2.2% postmarket\nSeller: Company\n\nOtonomy (OTIC)\n\nBookrunners: Cowen, Piper Sandler\nShares -9.8% postmarket\nSeller: Company","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":3984424,"gmtCreate":1617852804523,"gmtModify":1680783272184,"authorId":3576791655840004,"author":{"id":3576791655840004,"idStr":"3576791655840004","authorId":3576791655840004,"name":"YenChing","avatar":"https://static.tigerbbs.com/6fdba5c5235dd9ac0d65620b074efb9b","vip":1,"crmLevel":1,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":341701816,"type":1,"supId":0,"prevId":0,"content":"Nice","text":"Nice","html":"Nice"}],"langContent":"EN"},{"id":341476119,"gmtCreate":1617851694931,"gmtModify":1704703936133,"author":{"id":"3570511255316785","authorId":"3570511255316785","name":"xJimmy","avatar":"https://static.tigerbbs.com/b24d4b1856cd8d6958f25fff0e8a85b6","vip":1,"crmLevel":2,"crmLevelSwitch":0,"authorIdStr":"3570511255316785","idStr":"3570511255316785"},"htmlText":"comment pls","listText":"comment pls","text":"comment pls","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/341476119","repostId":1161762812,"repostType":4,"repost":{"id":"1161762812","pubTimestamp":1617849321,"share":"https://ttm.financial/m/news/1161762812?lang=&edition=fundamental","pubTime":"2021-04-08 10:35","market":"us","language":"en","title":"SPAC Bubble Pops: Flood Of New SPAC IPOs Hits A Brick Wall","url":"https://stock-news.laohu8.com/highlight/detail?id=1161762812","media":"zerohedge","summary":"\"3 SPAC IPOs this week after 2 last week after 276 in Q1 (vs 228 all of last yr vs 170 from 2013 – 2","content":"<blockquote>\n <b>\"3 SPAC IPOs this week after 2 last week after 276 in Q1 (vs 228 all of last yr vs 170 from 2013 – 2019 combined)\"</b>\n <i>&nbsp; - Goldman Sachs trader John Flood, April 7, 2021</i>\n</blockquote>\n<p>As Bloomberg's Drew Singer writes, the days of special purpose acquisition companies debuting by the dozens on public exchanges appear to have come and gone, \"<b>spelling trouble for the broader market for initial public offerings.\"</b></p>\n<p>After fueling a&nbsp;record first quarter&nbsp;for IPOs, SPACs have suddenly stopped going public at anything close to the same scale, as if they hit a brick wall in the second quarter.</p>\n<p><img src=\"https://static.tigerbbs.com/0b05ad26c1c49a6844eeb81fd295988d\" tg-width=\"500\" tg-height=\"396\">The plunge in deal making follows weak trading in these vehicles, slow progress in their search for acquisitions and outperformance by traditional listings, not to mention various warnings by the SEC itself.</p>\n<p><img src=\"https://static.tigerbbs.com/4f44d233d9d6ac7e75d4b7162d333c3b\" tg-width=\"462\" tg-height=\"228\">Just three SPACs have listed this week, including two on Wednesday. This follows just a pair of IPOs by SPACs last week and compares to more than 20 deals a week during most of the year.</p>\n<p>Worse, according to Bloomberg data, public SPAC offerings are poised for their slowest two-week stretch since the end of 2020.&nbsp; While a reversal remains possible as we get further from Easter weekend,<b>investors have been signaling a growing distaste for these deals.</b>More than 100 or about a third of SPACs that went public this year are trading below their IPO price as investors&nbsp;wait&nbsp;for news of an acquisition. In all, 2021’s SPACs are trading 0.8% above their debut levels, compared with an average 6.0% gain by the year’s traditional IPOs.</p>\n<p>The trouble in SPACs comes alongside other signs of&nbsp;weakness&nbsp;in the global IPO market even as the S&amp;P 500 continues to trade near record highs. Stocks rose on Wednesday amid a surge in the Nasdaq 100.</p>\n<p>Postmarket launches of U.S. secondary offerings:</p>\n<p><b>Academy Sports (ASO)</b></p>\n<ul>\n <li>Bookrunners: JPMorgan</li>\n <li>Shares -3.5% postmarket</li>\n <li><u><b>Seller unknown</b></u></li>\n</ul>\n<p><b>Identiv (INVE)</b></p>\n<ul>\n <li>Bookrunners: B. Riley, Lake Street, Northland</li>\n <li>Shares -2.2% postmarket</li>\n <li>Seller: Company</li>\n</ul>\n<p><b>Otonomy (OTIC)</b></p>\n<ul>\n <li>Bookrunners: Cowen, Piper Sandler</li>\n <li>Shares -9.8% postmarket</li>\n <li>Seller: Company</li>\n</ul>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>SPAC Bubble Pops: Flood Of New SPAC IPOs Hits A Brick Wall</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSPAC Bubble Pops: Flood Of New SPAC IPOs Hits A Brick Wall\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-04-08 10:35 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.zerohedge.com/markets/spac-bubble-pops-flood-new-spac-ipos-hits-brick-wall?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+zerohedge%2Ffeed+%28zero+hedge+-+on+a+long+enough+timeline%2C+the+survival+rate+for+everyone+drops+to+zero%29><strong>zerohedge</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>\"3 SPAC IPOs this week after 2 last week after 276 in Q1 (vs 228 all of last yr vs 170 from 2013 – 2019 combined)\"\n  - Goldman Sachs trader John Flood, April 7, 2021\n\nAs Bloomberg's Drew Singer writes...</p>\n\n<a href=\"https://www.zerohedge.com/markets/spac-bubble-pops-flood-new-spac-ipos-hits-brick-wall?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+zerohedge%2Ffeed+%28zero+hedge+-+on+a+long+enough+timeline%2C+the+survival+rate+for+everyone+drops+to+zero%29\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TUGCU":"TradeUP Global Corp."},"source_url":"https://www.zerohedge.com/markets/spac-bubble-pops-flood-new-spac-ipos-hits-brick-wall?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+zerohedge%2Ffeed+%28zero+hedge+-+on+a+long+enough+timeline%2C+the+survival+rate+for+everyone+drops+to+zero%29","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1161762812","content_text":"\"3 SPAC IPOs this week after 2 last week after 276 in Q1 (vs 228 all of last yr vs 170 from 2013 – 2019 combined)\"\n  - Goldman Sachs trader John Flood, April 7, 2021\n\nAs Bloomberg's Drew Singer writes, the days of special purpose acquisition companies debuting by the dozens on public exchanges appear to have come and gone, \"spelling trouble for the broader market for initial public offerings.\"\nAfter fueling a record first quarter for IPOs, SPACs have suddenly stopped going public at anything close to the same scale, as if they hit a brick wall in the second quarter.\nThe plunge in deal making follows weak trading in these vehicles, slow progress in their search for acquisitions and outperformance by traditional listings, not to mention various warnings by the SEC itself.\nJust three SPACs have listed this week, including two on Wednesday. This follows just a pair of IPOs by SPACs last week and compares to more than 20 deals a week during most of the year.\nWorse, according to Bloomberg data, public SPAC offerings are poised for their slowest two-week stretch since the end of 2020.  While a reversal remains possible as we get further from Easter weekend,investors have been signaling a growing distaste for these deals.More than 100 or about a third of SPACs that went public this year are trading below their IPO price as investors wait for news of an acquisition. In all, 2021’s SPACs are trading 0.8% above their debut levels, compared with an average 6.0% gain by the year’s traditional IPOs.\nThe trouble in SPACs comes alongside other signs of weakness in the global IPO market even as the S&P 500 continues to trade near record highs. Stocks rose on Wednesday amid a surge in the Nasdaq 100.\nPostmarket launches of U.S. secondary offerings:\nAcademy Sports (ASO)\n\nBookrunners: JPMorgan\nShares -3.5% postmarket\nSeller unknown\n\nIdentiv (INVE)\n\nBookrunners: B. Riley, Lake Street, Northland\nShares -2.2% postmarket\nSeller: Company\n\nOtonomy (OTIC)\n\nBookrunners: Cowen, Piper Sandler\nShares -9.8% postmarket\nSeller: Company","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":3984334,"gmtCreate":1617851839919,"gmtModify":1680783271268,"authorId":3566532164444643,"author":{"id":3566532164444643,"idStr":"3566532164444643","authorId":3566532164444643,"name":"ZEROHERO","avatar":"https://static.tigerbbs.com/62813b6df1c4722e559d112fadd5486a","vip":2,"currentWearingBadge":{"badgeId":"972123088c9646f7b6091ae0662215be-3","templateUuid":"972123088c9646f7b6091ae0662215be","name":"Legendary Trader","description":"Total number of securities or futures transactions reached 300","bigImgUrl":"https://static.tigerbbs.com/656db16598a0b8f21429e10d6c1cb033","smallImgUrl":"https://static.tigerbbs.com/03f10910d4dd9234f9b5702a3342193a","grayImgUrl":"https://static.tigerbbs.com/0c767e35268feb729d50d3fa9a386c5a","redirectLinkEnabled":0,"hasAllocated":1,"isWearing":1,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2024.02.05","exceedPercentage":"93.60%","individualDisplayEnabled":0,"individualDisplaySort":0,"categoryType":1100},"crmLevel":8,"crmLevelSwitch":1,"individualDisplayBadges":[{"badgeId":"9427a906234c4b18a82ec3d7730b7fa8-1","templateUuid":"9427a906234c4b18a82ec3d7730b7fa8","name":"Star Contributor","description":"Have published 3 or more picked posts, and have published at least one picked post and participated in comments within 30 days","bigImgUrl":"https://community-static.tradeup.com/news/1866dcf97a73be1c330f85862546aedc","smallImgUrl":"https://community-static.tradeup.com/news/4f5c5fa8e2c7683bb5a7fce8753ee456","redirectLinkEnabled":1,"redirectLink":"https://ttm.financial/activity/market/2023/star-contributors/","hasAllocated":1,"isWearing":0,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2024.11.05","individualDisplayEnabled":1,"backgroundColor":{"dark":"#675a37","tint":"#f9ebc2"},"fontColor":{"dark":"#ffffff","tint":"#ab7a0e"},"individualDisplaySort":0,"categoryType":2007}]},"repliedAuthorId":0,"objectId":341476119,"type":1,"supId":0,"prevId":0,"content":"Here you go","text":"Here you go","html":"Here you go"},{"id":3984333,"gmtCreate":1617851829970,"gmtModify":1680783268639,"authorId":3577679006270829,"author":{"id":3577679006270829,"idStr":"3577679006270829","authorId":3577679006270829,"name":"eep","avatar":"https://static.tigerbbs.com/f8fedcae7fde463247826d53acfe8614","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":341476119,"type":1,"supId":0,"prevId":0,"content":"pls comment back","text":"pls comment back","html":"pls comment back"}],"langContent":"EN"},{"id":341447104,"gmtCreate":1617851088908,"gmtModify":1704703929781,"author":{"id":"3579843380345732","authorId":"3579843380345732","name":"ZhenYangx2","avatar":"https://static.tigerbbs.com/9cfc04b21822116c572f5516e3b9b805","vip":1,"crmLevel":5,"crmLevelSwitch":0,"authorIdStr":"3579843380345732","idStr":"3579843380345732"},"htmlText":"Help to like","listText":"Help to like","text":"Help to like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/341447104","repostId":1161762812,"repostType":4,"repost":{"id":"1161762812","pubTimestamp":1617849321,"share":"https://ttm.financial/m/news/1161762812?lang=&edition=fundamental","pubTime":"2021-04-08 10:35","market":"us","language":"en","title":"SPAC Bubble Pops: Flood Of New SPAC IPOs Hits A Brick Wall","url":"https://stock-news.laohu8.com/highlight/detail?id=1161762812","media":"zerohedge","summary":"\"3 SPAC IPOs this week after 2 last week after 276 in Q1 (vs 228 all of last yr vs 170 from 2013 – 2","content":"<blockquote>\n <b>\"3 SPAC IPOs this week after 2 last week after 276 in Q1 (vs 228 all of last yr vs 170 from 2013 – 2019 combined)\"</b>\n <i>&nbsp; - Goldman Sachs trader John Flood, April 7, 2021</i>\n</blockquote>\n<p>As Bloomberg's Drew Singer writes, the days of special purpose acquisition companies debuting by the dozens on public exchanges appear to have come and gone, \"<b>spelling trouble for the broader market for initial public offerings.\"</b></p>\n<p>After fueling a&nbsp;record first quarter&nbsp;for IPOs, SPACs have suddenly stopped going public at anything close to the same scale, as if they hit a brick wall in the second quarter.</p>\n<p><img src=\"https://static.tigerbbs.com/0b05ad26c1c49a6844eeb81fd295988d\" tg-width=\"500\" tg-height=\"396\">The plunge in deal making follows weak trading in these vehicles, slow progress in their search for acquisitions and outperformance by traditional listings, not to mention various warnings by the SEC itself.</p>\n<p><img src=\"https://static.tigerbbs.com/4f44d233d9d6ac7e75d4b7162d333c3b\" tg-width=\"462\" tg-height=\"228\">Just three SPACs have listed this week, including two on Wednesday. This follows just a pair of IPOs by SPACs last week and compares to more than 20 deals a week during most of the year.</p>\n<p>Worse, according to Bloomberg data, public SPAC offerings are poised for their slowest two-week stretch since the end of 2020.&nbsp; While a reversal remains possible as we get further from Easter weekend,<b>investors have been signaling a growing distaste for these deals.</b>More than 100 or about a third of SPACs that went public this year are trading below their IPO price as investors&nbsp;wait&nbsp;for news of an acquisition. In all, 2021’s SPACs are trading 0.8% above their debut levels, compared with an average 6.0% gain by the year’s traditional IPOs.</p>\n<p>The trouble in SPACs comes alongside other signs of&nbsp;weakness&nbsp;in the global IPO market even as the S&amp;P 500 continues to trade near record highs. Stocks rose on Wednesday amid a surge in the Nasdaq 100.</p>\n<p>Postmarket launches of U.S. secondary offerings:</p>\n<p><b>Academy Sports (ASO)</b></p>\n<ul>\n <li>Bookrunners: JPMorgan</li>\n <li>Shares -3.5% postmarket</li>\n <li><u><b>Seller unknown</b></u></li>\n</ul>\n<p><b>Identiv (INVE)</b></p>\n<ul>\n <li>Bookrunners: B. Riley, Lake Street, Northland</li>\n <li>Shares -2.2% postmarket</li>\n <li>Seller: Company</li>\n</ul>\n<p><b>Otonomy (OTIC)</b></p>\n<ul>\n <li>Bookrunners: Cowen, Piper Sandler</li>\n <li>Shares -9.8% postmarket</li>\n <li>Seller: Company</li>\n</ul>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>SPAC Bubble Pops: Flood Of New SPAC IPOs Hits A Brick Wall</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSPAC Bubble Pops: Flood Of New SPAC IPOs Hits A Brick Wall\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-04-08 10:35 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.zerohedge.com/markets/spac-bubble-pops-flood-new-spac-ipos-hits-brick-wall?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+zerohedge%2Ffeed+%28zero+hedge+-+on+a+long+enough+timeline%2C+the+survival+rate+for+everyone+drops+to+zero%29><strong>zerohedge</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>\"3 SPAC IPOs this week after 2 last week after 276 in Q1 (vs 228 all of last yr vs 170 from 2013 – 2019 combined)\"\n  - Goldman Sachs trader John Flood, April 7, 2021\n\nAs Bloomberg's Drew Singer writes...</p>\n\n<a href=\"https://www.zerohedge.com/markets/spac-bubble-pops-flood-new-spac-ipos-hits-brick-wall?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+zerohedge%2Ffeed+%28zero+hedge+-+on+a+long+enough+timeline%2C+the+survival+rate+for+everyone+drops+to+zero%29\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TUGCU":"TradeUP Global Corp."},"source_url":"https://www.zerohedge.com/markets/spac-bubble-pops-flood-new-spac-ipos-hits-brick-wall?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+zerohedge%2Ffeed+%28zero+hedge+-+on+a+long+enough+timeline%2C+the+survival+rate+for+everyone+drops+to+zero%29","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1161762812","content_text":"\"3 SPAC IPOs this week after 2 last week after 276 in Q1 (vs 228 all of last yr vs 170 from 2013 – 2019 combined)\"\n  - Goldman Sachs trader John Flood, April 7, 2021\n\nAs Bloomberg's Drew Singer writes, the days of special purpose acquisition companies debuting by the dozens on public exchanges appear to have come and gone, \"spelling trouble for the broader market for initial public offerings.\"\nAfter fueling a record first quarter for IPOs, SPACs have suddenly stopped going public at anything close to the same scale, as if they hit a brick wall in the second quarter.\nThe plunge in deal making follows weak trading in these vehicles, slow progress in their search for acquisitions and outperformance by traditional listings, not to mention various warnings by the SEC itself.\nJust three SPACs have listed this week, including two on Wednesday. This follows just a pair of IPOs by SPACs last week and compares to more than 20 deals a week during most of the year.\nWorse, according to Bloomberg data, public SPAC offerings are poised for their slowest two-week stretch since the end of 2020.  While a reversal remains possible as we get further from Easter weekend,investors have been signaling a growing distaste for these deals.More than 100 or about a third of SPACs that went public this year are trading below their IPO price as investors wait for news of an acquisition. In all, 2021’s SPACs are trading 0.8% above their debut levels, compared with an average 6.0% gain by the year’s traditional IPOs.\nThe trouble in SPACs comes alongside other signs of weakness in the global IPO market even as the S&P 500 continues to trade near record highs. Stocks rose on Wednesday amid a surge in the Nasdaq 100.\nPostmarket launches of U.S. secondary offerings:\nAcademy Sports (ASO)\n\nBookrunners: JPMorgan\nShares -3.5% postmarket\nSeller unknown\n\nIdentiv (INVE)\n\nBookrunners: B. Riley, Lake Street, Northland\nShares -2.2% postmarket\nSeller: Company\n\nOtonomy (OTIC)\n\nBookrunners: Cowen, Piper Sandler\nShares -9.8% postmarket\nSeller: Company","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":3984260,"gmtCreate":1617851273489,"gmtModify":1680783272492,"authorId":3559204036277229,"author":{"id":3559204036277229,"idStr":"3559204036277229","authorId":3559204036277229,"name":"jamjam","avatar":"https://static.tigerbbs.com/6542201483b33e63d9036c1e565275b2","vip":1,"crmLevel":4,"crmLevelSwitch":1,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":341447104,"type":1,"supId":0,"prevId":0,"content":"yes","text":"yes","html":"yes"}],"langContent":"EN"},{"id":341448522,"gmtCreate":1617850688666,"gmtModify":1704703922826,"author":{"id":"3575421087208890","authorId":"3575421087208890","name":"albert77","avatar":"https://static.tigerbbs.com/23ad8bf74e09800b779350089d72b84f","vip":1,"crmLevel":2,"crmLevelSwitch":1,"authorIdStr":"3575421087208890","idStr":"3575421087208890"},"htmlText":"More n more ipo","listText":"More n more ipo","text":"More n more ipo","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/341448522","repostId":1161762812,"repostType":4,"repost":{"id":"1161762812","pubTimestamp":1617849321,"share":"https://ttm.financial/m/news/1161762812?lang=&edition=fundamental","pubTime":"2021-04-08 10:35","market":"us","language":"en","title":"SPAC Bubble Pops: Flood Of New SPAC IPOs Hits A Brick Wall","url":"https://stock-news.laohu8.com/highlight/detail?id=1161762812","media":"zerohedge","summary":"\"3 SPAC IPOs this week after 2 last week after 276 in Q1 (vs 228 all of last yr vs 170 from 2013 – 2","content":"<blockquote>\n <b>\"3 SPAC IPOs this week after 2 last week after 276 in Q1 (vs 228 all of last yr vs 170 from 2013 – 2019 combined)\"</b>\n <i>&nbsp; - Goldman Sachs trader John Flood, April 7, 2021</i>\n</blockquote>\n<p>As Bloomberg's Drew Singer writes, the days of special purpose acquisition companies debuting by the dozens on public exchanges appear to have come and gone, \"<b>spelling trouble for the broader market for initial public offerings.\"</b></p>\n<p>After fueling a&nbsp;record first quarter&nbsp;for IPOs, SPACs have suddenly stopped going public at anything close to the same scale, as if they hit a brick wall in the second quarter.</p>\n<p><img src=\"https://static.tigerbbs.com/0b05ad26c1c49a6844eeb81fd295988d\" tg-width=\"500\" tg-height=\"396\">The plunge in deal making follows weak trading in these vehicles, slow progress in their search for acquisitions and outperformance by traditional listings, not to mention various warnings by the SEC itself.</p>\n<p><img src=\"https://static.tigerbbs.com/4f44d233d9d6ac7e75d4b7162d333c3b\" tg-width=\"462\" tg-height=\"228\">Just three SPACs have listed this week, including two on Wednesday. This follows just a pair of IPOs by SPACs last week and compares to more than 20 deals a week during most of the year.</p>\n<p>Worse, according to Bloomberg data, public SPAC offerings are poised for their slowest two-week stretch since the end of 2020.&nbsp; While a reversal remains possible as we get further from Easter weekend,<b>investors have been signaling a growing distaste for these deals.</b>More than 100 or about a third of SPACs that went public this year are trading below their IPO price as investors&nbsp;wait&nbsp;for news of an acquisition. In all, 2021’s SPACs are trading 0.8% above their debut levels, compared with an average 6.0% gain by the year’s traditional IPOs.</p>\n<p>The trouble in SPACs comes alongside other signs of&nbsp;weakness&nbsp;in the global IPO market even as the S&amp;P 500 continues to trade near record highs. Stocks rose on Wednesday amid a surge in the Nasdaq 100.</p>\n<p>Postmarket launches of U.S. secondary offerings:</p>\n<p><b>Academy Sports (ASO)</b></p>\n<ul>\n <li>Bookrunners: JPMorgan</li>\n <li>Shares -3.5% postmarket</li>\n <li><u><b>Seller unknown</b></u></li>\n</ul>\n<p><b>Identiv (INVE)</b></p>\n<ul>\n <li>Bookrunners: B. Riley, Lake Street, Northland</li>\n <li>Shares -2.2% postmarket</li>\n <li>Seller: Company</li>\n</ul>\n<p><b>Otonomy (OTIC)</b></p>\n<ul>\n <li>Bookrunners: Cowen, Piper Sandler</li>\n <li>Shares -9.8% postmarket</li>\n <li>Seller: Company</li>\n</ul>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>SPAC Bubble Pops: Flood Of New SPAC IPOs Hits A Brick Wall</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSPAC Bubble Pops: Flood Of New SPAC IPOs Hits A Brick Wall\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-04-08 10:35 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.zerohedge.com/markets/spac-bubble-pops-flood-new-spac-ipos-hits-brick-wall?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+zerohedge%2Ffeed+%28zero+hedge+-+on+a+long+enough+timeline%2C+the+survival+rate+for+everyone+drops+to+zero%29><strong>zerohedge</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>\"3 SPAC IPOs this week after 2 last week after 276 in Q1 (vs 228 all of last yr vs 170 from 2013 – 2019 combined)\"\n  - Goldman Sachs trader John Flood, April 7, 2021\n\nAs Bloomberg's Drew Singer writes...</p>\n\n<a href=\"https://www.zerohedge.com/markets/spac-bubble-pops-flood-new-spac-ipos-hits-brick-wall?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+zerohedge%2Ffeed+%28zero+hedge+-+on+a+long+enough+timeline%2C+the+survival+rate+for+everyone+drops+to+zero%29\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TUGCU":"TradeUP Global Corp."},"source_url":"https://www.zerohedge.com/markets/spac-bubble-pops-flood-new-spac-ipos-hits-brick-wall?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+zerohedge%2Ffeed+%28zero+hedge+-+on+a+long+enough+timeline%2C+the+survival+rate+for+everyone+drops+to+zero%29","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1161762812","content_text":"\"3 SPAC IPOs this week after 2 last week after 276 in Q1 (vs 228 all of last yr vs 170 from 2013 – 2019 combined)\"\n  - Goldman Sachs trader John Flood, April 7, 2021\n\nAs Bloomberg's Drew Singer writes, the days of special purpose acquisition companies debuting by the dozens on public exchanges appear to have come and gone, \"spelling trouble for the broader market for initial public offerings.\"\nAfter fueling a record first quarter for IPOs, SPACs have suddenly stopped going public at anything close to the same scale, as if they hit a brick wall in the second quarter.\nThe plunge in deal making follows weak trading in these vehicles, slow progress in their search for acquisitions and outperformance by traditional listings, not to mention various warnings by the SEC itself.\nJust three SPACs have listed this week, including two on Wednesday. This follows just a pair of IPOs by SPACs last week and compares to more than 20 deals a week during most of the year.\nWorse, according to Bloomberg data, public SPAC offerings are poised for their slowest two-week stretch since the end of 2020.  While a reversal remains possible as we get further from Easter weekend,investors have been signaling a growing distaste for these deals.More than 100 or about a third of SPACs that went public this year are trading below their IPO price as investors wait for news of an acquisition. In all, 2021’s SPACs are trading 0.8% above their debut levels, compared with an average 6.0% gain by the year’s traditional IPOs.\nThe trouble in SPACs comes alongside other signs of weakness in the global IPO market even as the S&P 500 continues to trade near record highs. Stocks rose on Wednesday amid a surge in the Nasdaq 100.\nPostmarket launches of U.S. secondary offerings:\nAcademy Sports (ASO)\n\nBookrunners: JPMorgan\nShares -3.5% postmarket\nSeller unknown\n\nIdentiv (INVE)\n\nBookrunners: B. Riley, Lake Street, Northland\nShares -2.2% postmarket\nSeller: Company\n\nOtonomy (OTIC)\n\nBookrunners: Cowen, Piper Sandler\nShares -9.8% postmarket\nSeller: Company","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":3984306,"gmtCreate":1617851625963,"gmtModify":1680783269580,"authorId":3560139863772426,"author":{"id":3560139863772426,"idStr":"3560139863772426","authorId":3560139863772426,"name":"Jon777","avatar":"https://static.tigerbbs.com/dfb83fe0ad88b21f2f1625bb19368212","vip":1,"crmLevel":4,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":341448522,"type":1,"supId":0,"prevId":0,"content":"CoInbase","text":"CoInbase","html":"CoInbase"}],"langContent":"EN"},{"id":341441797,"gmtCreate":1617850630719,"gmtModify":1704703921854,"author":{"id":"3570965583958757","authorId":"3570965583958757","name":"SafetyFirst","avatar":"https://static.tigerbbs.com/a6356c1a4c82b1755621f3b2631a6784","vip":1,"crmLevel":2,"crmLevelSwitch":0,"authorIdStr":"3570965583958757","idStr":"3570965583958757"},"htmlText":"Comment","listText":"Comment","text":"Comment","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/341441797","repostId":1161762812,"repostType":4,"repost":{"id":"1161762812","pubTimestamp":1617849321,"share":"https://ttm.financial/m/news/1161762812?lang=&edition=fundamental","pubTime":"2021-04-08 10:35","market":"us","language":"en","title":"SPAC Bubble Pops: Flood Of New SPAC IPOs Hits A Brick Wall","url":"https://stock-news.laohu8.com/highlight/detail?id=1161762812","media":"zerohedge","summary":"\"3 SPAC IPOs this week after 2 last week after 276 in Q1 (vs 228 all of last yr vs 170 from 2013 – 2","content":"<blockquote>\n <b>\"3 SPAC IPOs this week after 2 last week after 276 in Q1 (vs 228 all of last yr vs 170 from 2013 – 2019 combined)\"</b>\n <i>&nbsp; - Goldman Sachs trader John Flood, April 7, 2021</i>\n</blockquote>\n<p>As Bloomberg's Drew Singer writes, the days of special purpose acquisition companies debuting by the dozens on public exchanges appear to have come and gone, \"<b>spelling trouble for the broader market for initial public offerings.\"</b></p>\n<p>After fueling a&nbsp;record first quarter&nbsp;for IPOs, SPACs have suddenly stopped going public at anything close to the same scale, as if they hit a brick wall in the second quarter.</p>\n<p><img src=\"https://static.tigerbbs.com/0b05ad26c1c49a6844eeb81fd295988d\" tg-width=\"500\" tg-height=\"396\">The plunge in deal making follows weak trading in these vehicles, slow progress in their search for acquisitions and outperformance by traditional listings, not to mention various warnings by the SEC itself.</p>\n<p><img src=\"https://static.tigerbbs.com/4f44d233d9d6ac7e75d4b7162d333c3b\" tg-width=\"462\" tg-height=\"228\">Just three SPACs have listed this week, including two on Wednesday. This follows just a pair of IPOs by SPACs last week and compares to more than 20 deals a week during most of the year.</p>\n<p>Worse, according to Bloomberg data, public SPAC offerings are poised for their slowest two-week stretch since the end of 2020.&nbsp; While a reversal remains possible as we get further from Easter weekend,<b>investors have been signaling a growing distaste for these deals.</b>More than 100 or about a third of SPACs that went public this year are trading below their IPO price as investors&nbsp;wait&nbsp;for news of an acquisition. In all, 2021’s SPACs are trading 0.8% above their debut levels, compared with an average 6.0% gain by the year’s traditional IPOs.</p>\n<p>The trouble in SPACs comes alongside other signs of&nbsp;weakness&nbsp;in the global IPO market even as the S&amp;P 500 continues to trade near record highs. Stocks rose on Wednesday amid a surge in the Nasdaq 100.</p>\n<p>Postmarket launches of U.S. secondary offerings:</p>\n<p><b>Academy Sports (ASO)</b></p>\n<ul>\n <li>Bookrunners: JPMorgan</li>\n <li>Shares -3.5% postmarket</li>\n <li><u><b>Seller unknown</b></u></li>\n</ul>\n<p><b>Identiv (INVE)</b></p>\n<ul>\n <li>Bookrunners: B. Riley, Lake Street, Northland</li>\n <li>Shares -2.2% postmarket</li>\n <li>Seller: Company</li>\n</ul>\n<p><b>Otonomy (OTIC)</b></p>\n<ul>\n <li>Bookrunners: Cowen, Piper Sandler</li>\n <li>Shares -9.8% postmarket</li>\n <li>Seller: Company</li>\n</ul>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>SPAC Bubble Pops: Flood Of New SPAC IPOs Hits A Brick Wall</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSPAC Bubble Pops: Flood Of New SPAC IPOs Hits A Brick Wall\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-04-08 10:35 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.zerohedge.com/markets/spac-bubble-pops-flood-new-spac-ipos-hits-brick-wall?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+zerohedge%2Ffeed+%28zero+hedge+-+on+a+long+enough+timeline%2C+the+survival+rate+for+everyone+drops+to+zero%29><strong>zerohedge</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>\"3 SPAC IPOs this week after 2 last week after 276 in Q1 (vs 228 all of last yr vs 170 from 2013 – 2019 combined)\"\n  - Goldman Sachs trader John Flood, April 7, 2021\n\nAs Bloomberg's Drew Singer writes...</p>\n\n<a href=\"https://www.zerohedge.com/markets/spac-bubble-pops-flood-new-spac-ipos-hits-brick-wall?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+zerohedge%2Ffeed+%28zero+hedge+-+on+a+long+enough+timeline%2C+the+survival+rate+for+everyone+drops+to+zero%29\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TUGCU":"TradeUP Global Corp."},"source_url":"https://www.zerohedge.com/markets/spac-bubble-pops-flood-new-spac-ipos-hits-brick-wall?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+zerohedge%2Ffeed+%28zero+hedge+-+on+a+long+enough+timeline%2C+the+survival+rate+for+everyone+drops+to+zero%29","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1161762812","content_text":"\"3 SPAC IPOs this week after 2 last week after 276 in Q1 (vs 228 all of last yr vs 170 from 2013 – 2019 combined)\"\n  - Goldman Sachs trader John Flood, April 7, 2021\n\nAs Bloomberg's Drew Singer writes, the days of special purpose acquisition companies debuting by the dozens on public exchanges appear to have come and gone, \"spelling trouble for the broader market for initial public offerings.\"\nAfter fueling a record first quarter for IPOs, SPACs have suddenly stopped going public at anything close to the same scale, as if they hit a brick wall in the second quarter.\nThe plunge in deal making follows weak trading in these vehicles, slow progress in their search for acquisitions and outperformance by traditional listings, not to mention various warnings by the SEC itself.\nJust three SPACs have listed this week, including two on Wednesday. This follows just a pair of IPOs by SPACs last week and compares to more than 20 deals a week during most of the year.\nWorse, according to Bloomberg data, public SPAC offerings are poised for their slowest two-week stretch since the end of 2020.  While a reversal remains possible as we get further from Easter weekend,investors have been signaling a growing distaste for these deals.More than 100 or about a third of SPACs that went public this year are trading below their IPO price as investors wait for news of an acquisition. In all, 2021’s SPACs are trading 0.8% above their debut levels, compared with an average 6.0% gain by the year’s traditional IPOs.\nThe trouble in SPACs comes alongside other signs of weakness in the global IPO market even as the S&P 500 continues to trade near record highs. Stocks rose on Wednesday amid a surge in the Nasdaq 100.\nPostmarket launches of U.S. secondary offerings:\nAcademy Sports (ASO)\n\nBookrunners: JPMorgan\nShares -3.5% postmarket\nSeller unknown\n\nIdentiv (INVE)\n\nBookrunners: B. Riley, Lake Street, Northland\nShares -2.2% postmarket\nSeller: Company\n\nOtonomy (OTIC)\n\nBookrunners: Cowen, Piper Sandler\nShares -9.8% postmarket\nSeller: Company","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":3984268,"gmtCreate":1617851334471,"gmtModify":1680783275081,"authorId":3577075923922212,"author":{"id":3577075923922212,"idStr":"3577075923922212","authorId":3577075923922212,"name":"jijimo","avatar":"https://static.tigerbbs.com/22bac6d28b6513739fc962def9c071bd","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":341441797,"type":1,"supId":0,"prevId":0,"content":"Ok","text":"Ok","html":"Ok"}],"langContent":"EN"},{"id":341452725,"gmtCreate":1617849675067,"gmtModify":1704703911465,"author":{"id":"3572304910905752","authorId":"3572304910905752","name":"fortuna","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":8,"crmLevelSwitch":0,"authorIdStr":"3572304910905752","idStr":"3572304910905752"},"htmlText":"Please like and comment","listText":"Please like and comment","text":"Please like and comment","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/341452725","repostId":1161762812,"repostType":4,"repost":{"id":"1161762812","pubTimestamp":1617849321,"share":"https://ttm.financial/m/news/1161762812?lang=&edition=fundamental","pubTime":"2021-04-08 10:35","market":"us","language":"en","title":"SPAC Bubble Pops: Flood Of New SPAC IPOs Hits A Brick Wall","url":"https://stock-news.laohu8.com/highlight/detail?id=1161762812","media":"zerohedge","summary":"\"3 SPAC IPOs this week after 2 last week after 276 in Q1 (vs 228 all of last yr vs 170 from 2013 – 2","content":"<blockquote>\n <b>\"3 SPAC IPOs this week after 2 last week after 276 in Q1 (vs 228 all of last yr vs 170 from 2013 – 2019 combined)\"</b>\n <i>&nbsp; - Goldman Sachs trader John Flood, April 7, 2021</i>\n</blockquote>\n<p>As Bloomberg's Drew Singer writes, the days of special purpose acquisition companies debuting by the dozens on public exchanges appear to have come and gone, \"<b>spelling trouble for the broader market for initial public offerings.\"</b></p>\n<p>After fueling a&nbsp;record first quarter&nbsp;for IPOs, SPACs have suddenly stopped going public at anything close to the same scale, as if they hit a brick wall in the second quarter.</p>\n<p><img src=\"https://static.tigerbbs.com/0b05ad26c1c49a6844eeb81fd295988d\" tg-width=\"500\" tg-height=\"396\">The plunge in deal making follows weak trading in these vehicles, slow progress in their search for acquisitions and outperformance by traditional listings, not to mention various warnings by the SEC itself.</p>\n<p><img src=\"https://static.tigerbbs.com/4f44d233d9d6ac7e75d4b7162d333c3b\" tg-width=\"462\" tg-height=\"228\">Just three SPACs have listed this week, including two on Wednesday. This follows just a pair of IPOs by SPACs last week and compares to more than 20 deals a week during most of the year.</p>\n<p>Worse, according to Bloomberg data, public SPAC offerings are poised for their slowest two-week stretch since the end of 2020.&nbsp; While a reversal remains possible as we get further from Easter weekend,<b>investors have been signaling a growing distaste for these deals.</b>More than 100 or about a third of SPACs that went public this year are trading below their IPO price as investors&nbsp;wait&nbsp;for news of an acquisition. In all, 2021’s SPACs are trading 0.8% above their debut levels, compared with an average 6.0% gain by the year’s traditional IPOs.</p>\n<p>The trouble in SPACs comes alongside other signs of&nbsp;weakness&nbsp;in the global IPO market even as the S&amp;P 500 continues to trade near record highs. Stocks rose on Wednesday amid a surge in the Nasdaq 100.</p>\n<p>Postmarket launches of U.S. secondary offerings:</p>\n<p><b>Academy Sports (ASO)</b></p>\n<ul>\n <li>Bookrunners: JPMorgan</li>\n <li>Shares -3.5% postmarket</li>\n <li><u><b>Seller unknown</b></u></li>\n</ul>\n<p><b>Identiv (INVE)</b></p>\n<ul>\n <li>Bookrunners: B. Riley, Lake Street, Northland</li>\n <li>Shares -2.2% postmarket</li>\n <li>Seller: Company</li>\n</ul>\n<p><b>Otonomy (OTIC)</b></p>\n<ul>\n <li>Bookrunners: Cowen, Piper Sandler</li>\n <li>Shares -9.8% postmarket</li>\n <li>Seller: Company</li>\n</ul>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>SPAC Bubble Pops: Flood Of New SPAC IPOs Hits A Brick Wall</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSPAC Bubble Pops: Flood Of New SPAC IPOs Hits A Brick Wall\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-04-08 10:35 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.zerohedge.com/markets/spac-bubble-pops-flood-new-spac-ipos-hits-brick-wall?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+zerohedge%2Ffeed+%28zero+hedge+-+on+a+long+enough+timeline%2C+the+survival+rate+for+everyone+drops+to+zero%29><strong>zerohedge</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>\"3 SPAC IPOs this week after 2 last week after 276 in Q1 (vs 228 all of last yr vs 170 from 2013 – 2019 combined)\"\n  - Goldman Sachs trader John Flood, April 7, 2021\n\nAs Bloomberg's Drew Singer writes...</p>\n\n<a href=\"https://www.zerohedge.com/markets/spac-bubble-pops-flood-new-spac-ipos-hits-brick-wall?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+zerohedge%2Ffeed+%28zero+hedge+-+on+a+long+enough+timeline%2C+the+survival+rate+for+everyone+drops+to+zero%29\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TUGCU":"TradeUP Global Corp."},"source_url":"https://www.zerohedge.com/markets/spac-bubble-pops-flood-new-spac-ipos-hits-brick-wall?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+zerohedge%2Ffeed+%28zero+hedge+-+on+a+long+enough+timeline%2C+the+survival+rate+for+everyone+drops+to+zero%29","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1161762812","content_text":"\"3 SPAC IPOs this week after 2 last week after 276 in Q1 (vs 228 all of last yr vs 170 from 2013 – 2019 combined)\"\n  - Goldman Sachs trader John Flood, April 7, 2021\n\nAs Bloomberg's Drew Singer writes, the days of special purpose acquisition companies debuting by the dozens on public exchanges appear to have come and gone, \"spelling trouble for the broader market for initial public offerings.\"\nAfter fueling a record first quarter for IPOs, SPACs have suddenly stopped going public at anything close to the same scale, as if they hit a brick wall in the second quarter.\nThe plunge in deal making follows weak trading in these vehicles, slow progress in their search for acquisitions and outperformance by traditional listings, not to mention various warnings by the SEC itself.\nJust three SPACs have listed this week, including two on Wednesday. This follows just a pair of IPOs by SPACs last week and compares to more than 20 deals a week during most of the year.\nWorse, according to Bloomberg data, public SPAC offerings are poised for their slowest two-week stretch since the end of 2020.  While a reversal remains possible as we get further from Easter weekend,investors have been signaling a growing distaste for these deals.More than 100 or about a third of SPACs that went public this year are trading below their IPO price as investors wait for news of an acquisition. In all, 2021’s SPACs are trading 0.8% above their debut levels, compared with an average 6.0% gain by the year’s traditional IPOs.\nThe trouble in SPACs comes alongside other signs of weakness in the global IPO market even as the S&P 500 continues to trade near record highs. Stocks rose on Wednesday amid a surge in the Nasdaq 100.\nPostmarket launches of U.S. secondary offerings:\nAcademy Sports (ASO)\n\nBookrunners: JPMorgan\nShares -3.5% postmarket\nSeller unknown\n\nIdentiv (INVE)\n\nBookrunners: B. Riley, Lake Street, Northland\nShares -2.2% postmarket\nSeller: Company\n\nOtonomy (OTIC)\n\nBookrunners: Cowen, Piper Sandler\nShares -9.8% postmarket\nSeller: Company","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":3984267,"gmtCreate":1617851325790,"gmtModify":1680783273577,"authorId":3577075923922212,"author":{"id":3577075923922212,"idStr":"3577075923922212","authorId":3577075923922212,"name":"jijimo","avatar":"https://static.tigerbbs.com/22bac6d28b6513739fc962def9c071bd","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":341452725,"type":1,"supId":0,"prevId":0,"content":"Ok","text":"Ok","html":"Ok"}],"langContent":"EN"}],"hasMoreComments":true,"newsSizeData":{"likeSize":39,"commentSize":14,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false}}