The Ups and Downs of SPACs - An analysis of abnormal returns for recent SPACs during its different stages
As Special Purpose Acquisition Companies (SPACs) are becoming the increasingly popular method of taking a company public, the lack of research on abnormal returns for this asset class since its introduction to the major exchanges validates a reason to expand the investigation. This thesis examines the potential abnormal returns found in different stages of recent SPACs lifecycle, dividing the SPAC