No, there really isn't. I do think SPACs will sometimes seed the internet hype machine if they have a target in mind though. This particular one has been discus

No, there really isn't. I do think SPACs will sometimes seed the internet hype machine if they have a target in mind though. This particular one has been discussed a few times and doesn't seem to be a surprise to most. The problem is people (or more specifically holders of the SPAC) seem to often try to pump a particular SPAC on speculation for their gain. For example reddit (along with twitter, stocktwits, seeking alpha, etc) was absolutely rife with posts about how "certain" PSTH was merging with Stripe. The DD was long, sock puppet accounts numerous, but sooo extremely thin it was hilarious. $CCIV is another example that has long been hyped to be merging with Lucid which has brought the value up 300% since inception and really no one has any idea if it's even truly on the table. I think largely the problem currently with SPACs is there is so much interest that nearly any notable SPAC is growing in value no matter what info is out there, so it's another "stonks only go up" type situation with people just dumping money based on an internet whisper and somehow it ends up working.