SPACs run out of steam. That has created some opportunities for investors.

The more than $100 billion market for special acquisition companies, or SPACs, went from exuberance to orphan status early this year, making SPACs one of the weaker sectors in a roaring stock market.

This presents opportunities for investors in two types of SPACs: those seeking deals and those who have announced them.

Lots of SPACs…

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