SPAC Bubble Pops: Flood Of New SPAC IPOs Hits A Brick Wall_老虎社区_美港股上老虎

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, 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."

After 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.

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.

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.

Worse, 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.

The 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.

Postmarket launches of U.S. secondary offerings:

Academy Sports (ASO)

Bookrunners: JPMorgan
Shares -3.5% postmarket
Seller unknown

Identiv (INVE)

Bookrunners: B. Riley, Lake Street, Northland
Shares -2.2% postmarket
Seller: Company

Otonomy (OTIC)

Bookrunners: Cowen, Piper Sandler
Shares -9.8% postmarket
Seller: Company

免责声明：本文观点仅代表作者个人观点，不构成本平台的投资建议，本平台不对文章信息准确性、完整性和及时性做出任何保证，亦不对因使用或信赖文章信息引发的任何损失承担责任。

超群yibo
·2021-04-08
Supply increased. Investor spoiled of choice. Cherry picking.
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Earthboii
·2021-04-08
Up
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henryee18
·2021-04-08
今天会崩跌啊，兄弟。可是存在危险，等一下你买了Short，他反市场的不降反升，那就中伏了哦……[喷血] 切记，小心为妙。冲动只会成为炮灰，散落一地[笑哭]
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sugizoi4u
·2021-04-08
Pls like and comment. Thanks.
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2
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- Moneyface:
  Ok
  2021-04-08
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ConnieCD
·2021-04-08
Okie
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thammada
·2021-04-08
SPAC up into space!
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YenChing
·2021-04-08
Like
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FlyHighFly
·2021-04-08
Please like and comment. Thank thanks
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YL95
·2021-04-08
Hi
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- YenChing:
  Nice
  2021-04-08
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xJimmy
·2021-04-08
comment pls
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- eep:
  pls comment back
  2021-04-08
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- ZEROHERO:
  Here you go
  2021-04-08
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ZhenYangx2
·2021-04-08
Help to like
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albert77
·2021-04-08
More n more ipo
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- Jon777:
  CoInbase
  2021-04-08
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SafetyFirst
·2021-04-08
Comment
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- jijimo:
  Ok
  2021-04-08
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fortuna
·2021-04-08
Please like and comment
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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>","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; 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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":"news","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":0,"code":"91000000","status":"200"},"commentList":[{"id":341788347,"gmtCreate":1617856261589,"gmtModify":1634296115048,"author":{"id":"3576231291459124","authorId":"3576231291459124","name":"超群yibo","avatar":"https://static.tigerbbs.com/6594cf6901beda8fdf0f00a0e5853f18","vip":1,"crmLevel":3,"crmLevelSwitch":0,"idStr":"3576231291459124","authorIdStr":"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://laohu8.com/post/341788347","repostId":1161762812,"repostType":4,"repost":{"id":"1161762812","kind":"news","pubTimestamp":1617849321,"share":"https://ttm.financial/m/news/1161762812?lang=&edition=full","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; 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}\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,"symbols_score_info":{"TUGCU":0.9}},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":341716467,"gmtCreate":1617855439559,"gmtModify":1634296121461,"author":{"id":"3579176504922766","authorId":"3579176504922766","name":"Earthboii","avatar":"https://static.tigerbbs.com/220705ec8b1493ac8654f6c555727a1d","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3579176504922766","authorIdStr":"3579176504922766"},"htmlText":"Up","listText":"Up","text":"Up","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/341716467","repostId":1161762812,"repostType":4,"repost":{"id":"1161762812","kind":"news","pubTimestamp":1617849321,"share":"https://ttm.financial/m/news/1161762812?lang=&edition=full","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,"symbols_score_info":{"TUGCU":0.9}},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":341710371,"gmtCreate":1617855130593,"gmtModify":1634296125875,"author":{"id":"3561088065415396","authorId":"3561088065415396","name":"henryee18","avatar":"https://static.tigerbbs.com/68e1124a4989ce380d6aa143a07b2620","vip":1,"crmLevel":7,"crmLevelSwitch":0,"idStr":"3561088065415396","authorIdStr":"3561088065415396"},"htmlText":"今天会崩跌啊，兄弟。可是存在危险，等一下你买了Short，他反市场的不降反升，那就中伏了哦……[喷血]&nbsp;切记，小心为妙。冲动只会成为炮灰，散落一地[笑哭]&nbsp;","listText":"今天会崩跌啊，兄弟。可是存在危险，等一下你买了Short，他反市场的不降反升，那就中伏了哦……[喷血]&nbsp;切记，小心为妙。冲动只会成为炮灰，散落一地[笑哭]&nbsp;","text":"今天会崩跌啊，兄弟。可是存在危险，等一下你买了Short，他反市场的不降反升，那就中伏了哦……[喷血] 切记，小心为妙。冲动只会成为炮灰，散落一地[笑哭]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/341710371","repostId":1161762812,"repostType":4,"repost":{"id":"1161762812","kind":"news","pubTimestamp":1617849321,"share":"https://ttm.financial/m/news/1161762812?lang=&edition=full","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,"symbols_score_info":{"TUGCU":0.9}},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"CN"},{"id":341730822,"gmtCreate":1617854000166,"gmtModify":1634296131900,"author":{"id":"3580348004146675","authorId":"3580348004146675","name":"sugizoi4u","avatar":"https://static.tigerbbs.com/c7f987f771f67981d200c8f1cd598c70","vip":1,"crmLevel":1,"crmLevelSwitch":0,"idStr":"3580348004146675","authorIdStr":"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":1,"repostSize":0,"link":"https://laohu8.com/post/341730822","repostId":1161762812,"repostType":4,"repost":{"id":"1161762812","kind":"news","pubTimestamp":1617849321,"share":"https://ttm.financial/m/news/1161762812?lang=&edition=full","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,"symbols_score_info":{"TUGCU":0.9}},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":3984580,"gmtCreate":1617854172005,"gmtModify":1635742340049,"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"}],"langContent":"EN"},{"id":341795727,"gmtCreate":1617853753169,"gmtModify":1634296133686,"author":{"id":"3571392409099070","authorId":"3571392409099070","name":"ConnieCD","avatar":"https://static.tigerbbs.com/915b685005c69f07e82d31330014218b","vip":1,"crmLevel":5,"crmLevelSwitch":0,"idStr":"3571392409099070","authorIdStr":"3571392409099070"},"htmlText":"Okie&nbsp;","listText":"Okie&nbsp;","text":"Okie","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/341795727","repostId":1161762812,"repostType":4,"repost":{"id":"1161762812","kind":"news","pubTimestamp":1617849321,"share":"https://ttm.financial/m/news/1161762812?lang=&edition=full","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,"symbols_score_info":{"TUGCU":0.9}},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":341796816,"gmtCreate":1617853491435,"gmtModify":1634296135154,"author":{"id":"3574636093461410","authorId":"3574636093461410","name":"thammada","avatar":"https://static.tigerbbs.com/64bd66fcccfc86b5e81286648668869b","vip":1,"crmLevel":1,"crmLevelSwitch":0,"idStr":"3574636093461410","authorIdStr":"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://laohu8.com/post/341796816","repostId":1161762812,"repostType":4,"repost":{"id":"1161762812","kind":"news","pubTimestamp":1617849321,"share":"https://ttm.financial/m/news/1161762812?lang=&edition=full","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,"symbols_score_info":{"TUGCU":0.9}},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":341705418,"gmtCreate":1617852816734,"gmtModify":1634296140431,"author":{"id":"3576791655840004","authorId":"3576791655840004","name":"YenChing","avatar":"https://static.tigerbbs.com/6fdba5c5235dd9ac0d65620b074efb9b","vip":1,"crmLevel":1,"crmLevelSwitch":0,"idStr":"3576791655840004","authorIdStr":"3576791655840004"},"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/341705418","repostId":1161762812,"repostType":4,"repost":{"id":"1161762812","kind":"news","pubTimestamp":1617849321,"share":"https://ttm.financial/m/news/1161762812?lang=&edition=full","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,"symbols_score_info":{"TUGCU":0.9}},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":341701513,"gmtCreate":1617852428732,"gmtModify":1634296142650,"author":{"id":"3579925209341859","authorId":"3579925209341859","name":"FlyHighFly","avatar":"https://static.tigerbbs.com/a610574cab0fe2ee4e79d08d0eb9ce6c","vip":1,"crmLevel":3,"crmLevelSwitch":0,"idStr":"3579925209341859","authorIdStr":"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://laohu8.com/post/341701513","repostId":1161762812,"repostType":4,"repost":{"id":"1161762812","kind":"news","pubTimestamp":1617849321,"share":"https://ttm.financial/m/news/1161762812?lang=&edition=full","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,"symbols_score_info":{"TUGCU":0.9}},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":341701816,"gmtCreate":1617852375335,"gmtModify":1634296143015,"author":{"id":"3577244352238893","authorId":"3577244352238893","name":"YL95","avatar":"https://static.tigerbbs.com/8b86b6471f22878b3b18e813fd7a14e2","vip":1,"crmLevel":6,"crmLevelSwitch":0,"idStr":"3577244352238893","authorIdStr":"3577244352238893"},"htmlText":"Hi","listText":"Hi","text":"Hi","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/341701816","repostId":1161762812,"repostType":4,"repost":{"id":"1161762812","kind":"news","pubTimestamp":1617849321,"share":"https://ttm.financial/m/news/1161762812?lang=&edition=full","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; 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}\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,"symbols_score_info":{"TUGCU":0.9}},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":3984424,"gmtCreate":1617852804523,"gmtModify":1635742349567,"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":1634296146987,"author":{"id":"3570511255316785","authorId":"3570511255316785","name":"xJimmy","avatar":"https://static.tigerbbs.com/b24d4b1856cd8d6958f25fff0e8a85b6","vip":1,"crmLevel":1,"crmLevelSwitch":0,"idStr":"3570511255316785","authorIdStr":"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://laohu8.com/post/341476119","repostId":1161762812,"repostType":4,"repost":{"id":"1161762812","kind":"news","pubTimestamp":1617849321,"share":"https://ttm.financial/m/news/1161762812?lang=&edition=full","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; 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}\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,"symbols_score_info":{"TUGCU":0.9}},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":3984333,"gmtCreate":1617851829970,"gmtModify":1635742354994,"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"},{"id":3984334,"gmtCreate":1617851839919,"gmtModify":1635742354886,"authorId":3566532164444643,"author":{"id":3566532164444643,"idStr":"3566532164444643","authorId":3566532164444643,"name":"ZEROHERO","avatar":"https://static.tigerbbs.com/62813b6df1c4722e559d112fadd5486a","vip":2,"crmLevel":8,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":341476119,"type":1,"supId":0,"prevId":0,"content":"Here you go","text":"Here you go","html":"Here you go"}],"langContent":"EN"},{"id":341447104,"gmtCreate":1617851088908,"gmtModify":1634296150363,"author":{"id":"3579843380345732","authorId":"3579843380345732","name":"ZhenYangx2","avatar":"https://static.tigerbbs.com/9cfc04b21822116c572f5516e3b9b805","vip":1,"crmLevel":7,"crmLevelSwitch":0,"idStr":"3579843380345732","authorIdStr":"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":0,"repostSize":0,"link":"https://laohu8.com/post/341447104","repostId":1161762812,"repostType":4,"repost":{"id":"1161762812","kind":"news","pubTimestamp":1617849321,"share":"https://ttm.financial/m/news/1161762812?lang=&edition=full","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,"symbols_score_info":{"TUGCU":0.9}},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":341448522,"gmtCreate":1617850688666,"gmtModify":1634296152841,"author":{"id":"3575421087208890","authorId":"3575421087208890","name":"albert77","avatar":"https://static.tigerbbs.com/23ad8bf74e09800b779350089d72b84f","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3575421087208890","authorIdStr":"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://laohu8.com/post/341448522","repostId":1161762812,"repostType":4,"repost":{"id":"1161762812","kind":"news","pubTimestamp":1617849321,"share":"https://ttm.financial/m/news/1161762812?lang=&edition=full","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,"symbols_score_info":{"TUGCU":0.9}},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":3984306,"gmtCreate":1617851625963,"gmtModify":1635742356844,"authorId":3560139863772426,"author":{"id":3560139863772426,"idStr":"3560139863772426","authorId":3560139863772426,"name":"Jon777","avatar":"https://static.tigerbbs.com/dfb83fe0ad88b21f2f1625bb19368212","vip":1,"crmLevel":6,"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":1634296153202,"author":{"id":"3570965583958757","authorId":"3570965583958757","name":"SafetyFirst","avatar":"https://static.tigerbbs.com/a6356c1a4c82b1755621f3b2631a6784","vip":1,"crmLevel":3,"crmLevelSwitch":0,"idStr":"3570965583958757","authorIdStr":"3570965583958757"},"htmlText":"Comment","listText":"Comment","text":"Comment","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/341441797","repostId":1161762812,"repostType":4,"repost":{"id":"1161762812","kind":"news","pubTimestamp":1617849321,"share":"https://ttm.financial/m/news/1161762812?lang=&edition=full","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,"symbols_score_info":{"TUGCU":0.9}},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":3984268,"gmtCreate":1617851334471,"gmtModify":1635742359958,"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":1634296156718,"author":{"id":"3572304910905752","authorId":"3572304910905752","name":"fortuna","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":7,"crmLevelSwitch":0,"idStr":"3572304910905752","authorIdStr":"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://laohu8.com/post/341452725","repostId":1161762812,"repostType":4,"repost":{"id":"1161762812","kind":"news","pubTimestamp":1617849321,"share":"https://ttm.financial/m/news/1161762812?lang=&edition=full","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; 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}\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,"symbols_score_info":{"TUGCU":0.9}},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":3984267,"gmtCreate":1617851325790,"gmtModify":1635742360068,"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}}