Former investment banker Raphael Roettgen had to abandon a space-focused special purpose acquisition company in 2022 as hype around mergers with blank-check shell companies turned radioactive. Four years later, hes back after helping raise more than $200 million to take a private space company public. SPACs raise cash on the stock market and then use [] The post Return of the (space) SPAC appeared first on SpaceNews.
Former investment banker Raphael Roettgen had to abandon a space-focused special purpose acquisition company in 2022 as hype around mergers with blank-check shell companies turned radioactive. Four years later, hes back after helping raise more than $200 million to take a private space company public. SPACs raise cash on the stock market and then use [] The post Return of the (space) SPAC appeared first on SpaceNews.
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