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SEC warns against investing in SPACs based solely on celebrity backing

28.00 US$
Published date: June 7, 2025
  • Location: 91024, Clarence, TP, United Kingdom
March 10 (Reuters) - The U.S. Securities and Exchange Commission (SEC) cautioned investors on Wednesday about buying shares of so-called special purpose acquisition companies only because they are backed by celebrities, including movie stars and athletes. When you cherished this article and also you want to receive more information concerning ทางเข้า fun88 generously pay a visit to our website. Investors are shifting funds from tech stocks with lofty valuations to other groups, such as energy and financials, that are undervalued and more of a play on an improving economy in a post-COVID world than big tech is, said Peter Tuz, president of Chase Investment Counsel in Charlottesville, Virginia.

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