The Week In SPAC News: BuzzFeed Hit With Wave Of Withdrawals Ahead Of Merger Closing
December 05, 2021 at 14:15 PM EST
In SPAC news this week, BuzzFeed is not expected to raise significant cash through its public listing since investors in the SPAC with which it is merging, 890 5th Avenue Partners, are reportedly withdrawing the bulk of their investments.