But the point here is that SPAC as an investment vehicle allows sidestepping a bunch of due diligence in the name of 'just avoiding wallstreet commissions'. tha

But the point here is that SPAC as an investment vehicle allows sidestepping a bunch of due diligence in the name of 'just avoiding wallstreet commissions'. that basically ends up becoming prime target for any non-IPO-worthy-but-shiny security to be offloaded to general public. then the next argument from same folks will be .. well price of anything is what somebody will pay for it, so buyer beware.