(Bloomberg) - Cov neeg lag luam uas tau nkag mus rau hauv SPACs ntawm qhov siab ntawm kev lag luam mania nrog kev npau suav ntawm peb tus lej rov qab tau ntsib qhov tseeb hnyav: Lawv tuaj yeem tau yuav tsawg dua li cov nyiaj npib ntawm tus duas.
Feem ntau Nyeem los ntawm Bloomberg
Insurer MetroMile Inc. tab tom ua lag luam ib ncig ntawm $ 1 ib feem tom qab lees txais tag nrho cov khoom lag luam yuav khoom, thiab Talkspace Inc., hovering ze ntawm $ 1.70, tau tshaj tawm tias nyiam kev sib koom ua ke ntawm nws tus kheej. Qhov ntawd tsis nyob ze ntawm $ 10 cim qhov twg tshwj xeeb-lub hom phiaj nrhiav cov tuam txhab feem ntau ua ntej.
Alas, qhov khoob khoob khoob khoob khoob khoob khoob khoob khoob khoob khoob khoob khoob khoob khoob khoob khoob khoob khoob khoob khoob khoob khoob khoob khoob khoob khoob khoob khoob khoob khoob khoob khoob khoob khoob khoob khoob khoob khoob khoob khoob khoob khoob khoob khoob khoob khoob khoob khoob khoob khoob khoob khoob khoob khoob khoob khoob khoob khoob khoob khoob khoob khoob khoob khoob khoob khoob khoob khoob khoob khoob khoob khoob khoob khoob khoob khoob khoob khoob khoob khoob khoob khoob khoob khoob khoob khoob khoob khoob khoob khoob khoob khoob khoob khoob khoob khoob khoob khoob khoob khoob khoob khoob khoob khoob khoob khoob khoob khoob khoob khoob khoob khoob khoob khoob khoob khoob khoob khoob khoob khoob khoob khoob khoob khoob khoob khoob khoob khoob khoob khoob khoob khoob khoob khoob khoob khoob khoob khoob khoob khoob khoob khoob khoob khoob khoob khoob khoob khoob khoob khoob khoob khoob khoob khoob. Txog 78 tus ex-SPACs tau ua lag luam qis dua $ 371, ib qho kev qhia tias lawv yuav raug banished los ntawm high-profile exchanges.
Tsawg kawg peb ntawm cov tuam txhab tom qab kev sib koom ua ke txij li tau pom zoo rau kev yuav khoom ntawm cov nqi hluav taws muag. Tsawg kawg yog 65 yuav xav tau nyiaj txiag ntxiv rau xyoo tom ntej tsuas yog ua kom lub teeb ci, raws li Bloomberg cov ntaub ntawv uas kwv yees lub tuam txhab xav tau nyiaj ntsuab.
"Leej twg ua rau poob thaum lub tuam txhab tuaj rau hauv kev ua lag luam uas muaj nqi tshaj?" hais tias Greg Martin, tus thawj coj ntawm Rainmaker Securities. "Nws yog cov tub ua lag luam tshiab tuaj rau hauv lub tuam txhab tom qab nws tshaj tawm rau pej xeem." Feem ntau ntawm cov ex-SPACs "yuav tsum tsis txhob yog pej xeem thawj qhov chaw" thiab tau txais cov nqi ntsuas uas tsis tsim nyog, nws hais.
Muaj ntau ntxiv: Telemedicine tuam txhab SOC Telemed Inc. tau muag rau lub Plaub Hlis Ntuj rau Patient Square Capital hauv kev sib cog lus uas muab cov tswv cuab $3 hauv cov nyiaj ntsuab. Thiab tus neeg saib xyuas cov neeg laus hauv tsev kho mob Cano Health Inc. tseem qis qis li 60% los ntawm nws lub Rau Hli 2021 debut txawm tias muaj kev thawb rau lub Peb Hlis los ntawm Dan Loeb Qhov Thib Peb rau lub tuam txhab muab nws tus kheej muag.
Pas qhov muag tsis pom kev
Qhov ntawd tsis yog li cas nws yuav tsum ua haujlwm. SPACs yog hu ua cov tshev dawb vim tias lawv nce nyiaj hauv kev muab rau pej xeem nrog lub hom phiaj ntawm kev yuav ib lub lag luam ntiag tug uas tseem tsis tau txheeb xyuas. Qhov zoo tshaj plaws, SPAC cov thawj coj yog cov kws tshaj lij hauv lawv txoj kev lag luam uas yuav siv lawv cov kev txawj ntse los xaiv tus yeej thiab pab nws loj hlob, nrog rau cov nqi Tshuag.
Tseeb tiag, Metromile tau teeb tsa lub hom phiaj kom nce nws cov nqi kho mob pib mus rau ib xyoos ib zaug $ 1 nphom los ntawm 2024. Tab sis muag muag muag thiab kev poob siab ntau plagued lub tuam txhab; Lub Kaum Ib Hlis tas los, nws tau pom zoo rau tag nrho cov khoom muag muag rau Lemonade Inc. Tam sim no nws muaj nqis txog $ 131 lab, ib feem ntawm $ 2.2 nphom nws nqa thaum Lub Ob Hlis 2021, thaum Metromile tau nthuav tawm tom qab kev koom ua ke nrog SPAC.
Talkspace, uas nws lub ntsej muag rau pej xeem suav nrog Michael Phelps thiab Demi Lovato, tsis tau ua lag luam siab dua $ 2 txij li thawj lub lim tiam ntawm lub xyoo, tau txais kev txaus siab los ntawm kev ncaj ncees-rov qab Mindpath Health, raws li Axios. Cov kws kho mob puas siab puas ntsws tau npaj kom muaj nyiaj ntsuab zoo nyob rau xyoo 2022; Tam sim no Wall Street tsis xav kom txog rau thaum 2026, Bloomberg cov ntaub ntawv qhia.
Ib tus neeg sawv cev rau Talkspace tau hais tias lub tuam txhab tau txais txiaj ntsig zoo thiab tsis kam tawm tswv yim rau ntawm daim ntawv tshaj tawm txog qhov muaj peev xwm sib tw. Cov neeg sawv cev rau Metromile tsis teb rau cov lus thov tawm tswv yim.
SOC Telemed ua tsis tau raws li qhov kev cia siab thiab yuav tsum tau txiav cov nqi thiab cov neeg ua haujlwm thiab txhawb nqa nws cov nyiaj txiag ua ntej nws muag rau Patient Square Capital. Thaum Lub Peb Hlis, Loeb lub tuam txhab tau liam tias nws thawb rau Cano kom nrhiav tau tus neeg yuav khoom ntawm "kev ua lag luam qhov tsis pom zoo" ntawm cov tuam txhab uas siv SPACs mus rau pej xeem.
Hauv ib qho ntawm cov neeg txawv txawv txawv, Redbox Entertainment Inc. tau pom zoo rau qhov kev yuav khoom uas muaj nuj nqis rau nws txoj kev ncaj ncees ntawm tsuas yog $ 31 lab - qhov deb ntawm $ 693 lab hauv kev lag luam tus nqi tau txais hauv nws qhov kev cog lus SPAC xyoo tas los. Qhov tseem tos tag nrho cov khoom muag muag, rau Chicken Soup For The Soul Entertainment Inc., ua rau txhua feem muaj nqis tsuas yog 61 xees, tab sis cov tub lag luam meme tab tom nrhiav rau txim rau cov neeg muag khoom luv luv tau thawb cov khoom lag luam ntau dua 1,500% dhau ntawm qib ntawd.
Feem ntau, txawm li cas los xij, kev ua lag luam tsis tau zam txim rau cov tuam txhab uas tsis xa khoom. Lub De-SPAC Index, uas taug qab cov tuam txhab tom qab lawv tau yuav los ntawm daim tshev dawb, tau nqis txog 78% txij thaum Lub Ob Hlis 2021 siab.
"Ib lub tuam txhab yuav tau ua kom zoo dua ntawm kev ua lag luam kom tau txais txiaj ntsig zoo, tab sis yog tias lawv siv ob lossis peb lab ib xyoos tsuas yog ua raws li cov tuam txhab pej xeem thiab lawv tsis ua tau zoo, muaj qhov txaus ntshai," hais. Mike Bennett, tus thawj coj ntawm lub tuam txhab peev tuam txhab nyiaj txiag Crewe Capital. Kev mus rau pej xeem ntawm SPAC kev koom ua ke yog "yuav luag yog qhov tsis zoo tam sim no, yog li cov tuam txhab tsis tshua xav ua qhov ntawd tshwj tsis yog lawv yuav tsum tau ua."
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