ATW #2423 – Reverse Merger Mania

August 4th, 2020 at 10:30am

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Audio-only version:
Listen to “Autoline This Week #2423: Reverse Merger Mania” on Spreaker.

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Internet Premiere: Tuesday, 08/04 @ 11:00am ET
Detroit Public TV: Sunday, 08/16 @ 10:30am ET

Steve Girsky, VectoIQ
David Welch, Bloomberg News
John Stoll, The Wall Street Journal
John McElroy,

Automotive startups have discovered a new way to raise a lot of money fast. They’re called reverse mergers, which involve what are called blank check companies, also known as SPACs, or Special Purpose Acquisition Companies. If you have not heard of reverse mergers, you’re going to. They’re the hottest topic in the investment community.

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