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Goldman Sachs Group Inc. is wading back into the market for SPACs three years after stricter regulatory scrutiny prompted a self-imposed ban on handling so-called blank-check companies.
“Reaching 18 million processed checks is not just a number—it’s proof of the trust our users place in our platform every day,” said Sabeer Nelli, CEO of OnlineCheckWriter.com – Powered by Zil Money.
Blank check companies typically have between 18 to 24 months to buy a company, or they must return the money to investors. Roughly 39% of the Class of 2021 was able to complete a merger, or de ...
Also known as blank check companies, SPACs offered firms a back door route to becoming a public company by getting acquired ...