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Why sub-scale Spacs need rooting out

Blank-cheque firms can provide a huge boost to growth companies, but the right regime needs to be in place first

To cash in on innovation, investors need to be given confidence
To cash in on innovation, investors need to be given confidence Photo: Getty Images

Alasdair Haynes is chief executive of Aquis Stock Exchange

Spacs are the 'sexy' sector of the moment. Everywhere you look, there is a group of people launching one.

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