Bloomberg: IPOX® CEO Josef Schuster on the resurging SPAC Market
In a recent article by Bloomberg, IPOX® Schuster CEO Josef Schuster provided insight into the resurging SPAC market, which saw its largest IPO activity since 2022, with $2 billion raised in August alone. Schuster highlighted the flexibility of SPACs as an alternative to traditional IPOs, especially for companies in niche or riskier sectors.
He noted that while the SPAC boom of 2021 faded due to rising interest rates and market instability, SPACs are finding renewed interest among sponsors and investors. According to Schuster, the structure remains relevant as businesses seek new avenues to go public, especially for industrial mergers or smaller deals. This renewed activity reflects growing market confidence as seasoned sponsors, like Avi Katz and Howard Lutnick, return with new blank-check offerings. IPOX® continues to monitor and index these trends in the evolving landscape of public listings. Read more…