Cornelius-based SPAC seeks deadline extension for buying business to take public

The SPAC market has become very hot in the last two years, driving up the prices for target companies. And private-equity firms seeking to outbid the SPACs have been driving prices even higher, says the CEO of Cornelius-based Mallard Acquisition.

The SPAC market has become very hot in the last two years, driving up the prices for target companies. And private-equity firms seeking to outbid the SPACs have been driving prices even higher, says the CEO of Cornelius-based Mallard Acquisition. Read MoreCharlotte Business News – Local Charlotte News | Charlotte Business Journal