<p>The deadline for Special Purpose Acquisition Companies or SPACs to spend their IPO money is looming. It doesn't help that existing SPACs are from the turbulent oil and gas industry. In an ominous sign of what is to come, the share price of Hibiscus, the only SPAC that has purchased a qualifying asset, has collapsed. We assess the position of SPAC shareholders in this episode of S&M.</p>

The deadline for Special Purpose Acquisition Companies or SPACs to spend their IPO money is looming. It doesn't help that existing SPACs are from the turbulent oil and gas industry. In an ominous sign of what is to come, the share price of Hibiscus, the only SPAC that has purchased a qualifying asset, has collapsed. We assess the position of SPAC shareholders in this episode of S&M.

<p>The deadline for Special Purpose Acquisition Companies or SPACs to spend their IPO money is looming. It doesn't help that existing SPACs are from the turbulent oil and gas industry. In an ominous sign of what is to come, the share price of Hibiscus, the only SPAC that has purchased a qualifying asset, has collapsed. We assess the position of SPAC shareholders in this episode of S&amp;M.</p>

Getting Spanked by SPACs

Noooo ... not of the leather and chains variety, but a cheeky abbreviation of any of the following terms: Stocks, Shares, Syndicates, Stakes, Speculation or even Smart. 'M'? Well, Money comes to mind. So does Manipulation, Markets, Money, Mandate, Measure and, well, Moolah! The S&M Show: an honest and colourful analysis of who and what drives and makes the markets behave the way they do.  A weekly show on BFM 89.9, the wide, wild world of investing has never been this colourful! Give us your ears and we'll give it a flogging! Any enquiries should be directed to morningrun@bfm.my.

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Noooo ... not of the leather and chains variety, but a cheeky abbreviation of any of the following terms: Stocks, Shares, Syndicates, Stakes, Speculation or even Smart. 'M'? Well, Money comes to mind. So does Manipulation, Markets, Money, Mandate, Measure and, well, Moolah! The S&M Show: an honest and colourful analysis of who and what drives and makes the markets behave the way they do. A weekly show on BFM 89.9, the wide, wild world of investing has never been this colourful! Give us your ears and we'll give it a flogging! Any enquiries should be directed to morningrun@bfm.my.

Noooo ... not of the leather and chains variety, but a cheeky abbreviation of any of the following terms: Stocks, Shares, Syndicates, Stakes, Speculation or even Smart. 'M'? Well, Money comes to mind. So does Manipulation, Markets, Money, Mandate, Measure and, well, Moolah! The S&amp;M Show: an honest and colourful analysis of who and what drives and makes the markets behave the way they do.  A weekly show on BFM 89.9, the wide, wild world of investing has never been this colourful! Give us your ears and we'll give it a flogging! Any enquiries should be directed to morningrun@bfm.my.

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Getting Spanked by SPACs

Getting Spanked by SPACs