The bankruptcy underscores the great risks of investing in many of the companies that have gone public via mergers with special-purpose acquisition corporations.

Today the market is a SPAC graveyard—with genetics testing startup 23andMe the latest casualty after declaring Chapter 11 bankruptcy late Sunday night. According to new data from the financial ...

Then the SPAC converts its ticker symbol and name over to one matching the name of the acquired business. This process in the past initially tended to attract higher-risk, early stage companies ...

Then the SPAC converts its ticker symbol and name over to one matching the name of the acquired business. This process in the past initially tended to attract higher-risk, early stage companies ...