The Zombie SPACs 8/31/23

SPACs are back and volatile as ever. But the class of 2021 has settled somewhat, and that's where some investors are seeing opportunity. Proem Asset Management CIO Imran Khan, who also led Alibaba and Snap’s IPOs, says he's picked up shares in the banking app Dave, OpenDoor, and super app Grab because of what he calls arbitrage between private and public market valuations.  Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.