New SPAC raises $230M to target real estate or mortgage fintech
Special purpose acquisition companies’ appetite for real estate and mortgage businesses apparently isn’t dead yet, despite recent problems involving Better.com that pushed a merger with Aurora Acquisitions Corp. to next year, if at all. Blank check company Southport Acquisition Corporation concluded on Tuesday a $230 million capital raising to pursue acquisitions mainly in mortgage and real estate verticals in the United States. […]