PSTH - 5 Types Of SPACs I Avoid

• SPACs have become one of the dominant storylines of the market in 2020 with nearly 140 SPACs raising a record $50 billion+.
• With new SPACs filing on a daily basis, investors are inundated with choices.
• I have written a number of bullish articles about what I consider the best SPACs to invest in; it is just as important to know what not to invest in.
• Potential investors can benefit by screening out SPACs featuring celebrities/failed executives of other companies, SPACs that underwhelmed in the fundraising round, SPACs nearing deadlines, SPACs with excessive promotes, and cannabis-focused SPACs.
• Avoiding these pitfalls will help investors to focus on the best-in-class investment opportunities.

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