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4 SPAC Mergers Worth $16 Billion Were Announced on Wednesday – Barron’s

An electric air taxi company, an AI-powered robotics firm, a 3D-printing start-up, and an Indian wind and solar energy utility all announced transactions on Wednesday…

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An electric air taxi company, an AI-powered robotics firm, a 3D-printing start-up, and an Indian wind and solar energy utility all announced transactions with special purpose acquisition companies, or SPACs, on Wednesday morning. The deals are set to bring some $16 billion worth of new companies public. All are in some of the trendiest and most futuristic pockets of the market, and they expect to have about $800 million in combined revenue this year. The highest-value deal announced on Wednesday…

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