BusinessNews brief
Wild SPAC deal-hounds howl at moonshots
Shell companies abound again, accounting for 62% of US market debuts this year. The $28 bln raised also amounts to more than traditional IPOs in hotspots like Hong Kong and Shanghai. Ambitious tech takeover targets make them riskier investments than even SpaceX or Anthropic.
Sources and context
ReutersSource headline and summary supplied via NewsData.io. First collected by NewsJaws on 2026-09-12. This is an automated news brief, not original NewsJaws reporting. Dates reflect the source publication. Feed delays may apply.