News for Natural Order Acquisition Corp. (NOACU)

KANSAS CITY — Special purpose acquisition companies (SPACs) reemerged in 2020 and are on track to remain a popular investment tool to raise capital in 2021 and beyond. The instruments are attracting investors seeking opportunities in food and beverage. SPACs are corporations designed to take companies public without going through the traditional initial public offering (IPO) process. They are created specifically to pool funds to finance a merger or acquisition opportunity within a set timeframe, usually two years. In 2020, US-based SPACs raised $82 billion, . . .