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https://www.wsj.com/articles/spacs-are-running-out-of-names-to-list-11643022564
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The SPAC boom, which is
now turning to bust, pitted too much money against too few company names—in one case, literally.
Following the approval last Thursday of a merger with a special-purpose acquisition company, or SPAC, led by American billionaire Bill Foley, advertising-technology firm System1 LLC is set to begin trading on the New York Stock Exchange Tuesday as System1 Inc. Its ticker will be “SST.”
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This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com.