# A Financier's Valentine

Live Trading News is an independent financial media publication. Masthead: Live Trading News. Parent: Knightsbridge Group. Product cousin: KXCO (kxco.ai). Coverage: markets, policy, AI, quantum, blockchain, FX, biotech, ASEAN. New stories are signed ML-DSA-65 and anchored on Armature L1; articles published before the platform launch are not signed. Nothing on the site is investment advice.

Canonical HTML: https://www.livetradingnews.com/a-financiers-valentine
Last modified: 2021-02-14

---

By Paul Ebeling · 2021-02-14
Tags: Shayne Heffernan on Investments, investors, risk, Headline News, Paul Ebeling, 2021, SPAC, financiers
Signed: no (published before platform launch).
Nothing in this article is investment advice.

The Big Q: What do you give a financier for Valentine’s Day? 

The Big A: A SPAC (special-purpose acquisition company), of course. 

After a big Y 2020 for US floats of blank-check vehicles, breaking all prior records with $83-B of proceeds from 248 deals, according to SPAC Research, this yr is already more than half way to Topping both totals in just 6 wks.

Time will tell if long-term investors will learn to love SPACs that have found acquisition targets. 

What is clear, though, is that the individuals who sponsor the vehicles, taking early risk in return for up to 20% of the shares, make out very handsomely indeed.

Happy Valentine's Day financiers!

---

This Markdown mirrors https://www.livetradingnews.com/a-financiers-valentine. The HTML page is canonical.
Site index for AI clients: https://www.livetradingnews.com/llms.txt