Special-purpose acquisition companies have raised $94.4 billion this year through IPOs — already more than the record annual total of $83.4 billion last year.
From a cookie maker to an upscale car lounge, it’s been one year since MarketWatch first profiled four small-business owners who were staring down the corona-crisis. We checked in one last time.
‘It would be sad and painful to see people end up losing this money that was designed to prop up the economy and get us out of COVID-induced recession.’