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‼ ️ For 2020 SPAC raised a RECORD $ 106 billion 💸💸💸

‼ ️ In 2020, SPAC raised $ 106 billion, which is 5 times the previous peak and more than the total amount over the past 10 years. The number of SPAC proposals in January alone exceeded the last 6 years combined. 💸💸💸

In case someone does not know, SPAC is an alternative to IPO for some startups, a way to raise capital for investors.

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