5 Best Cheap SPACs to Buy According to Reddit

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In this article, we discuss the 5 best cheap SPACs to buy according to Reddit. If you want to read our detailed analysis of these SPACs, go directly to the 10 Best Cheap SPACs to Buy According to Reddit.

5. ACE Convergence Acquisition Corp. (NASDAQ: ACEV)

ACE Convergence Acquisition Corp. (NASDAQ: ACEV) is a special purpose acquisition company that operates from Delaware. It is ranked fifth on our list of 10 best cheap SPACs to buy according to Reddit. The company went public in July 2020 and managed to raise more than $230 million from the offering. It targets mergers with firms working in the emerging technology sectors. The CEO of the firm is Behrooz Abdi. 

ACE Convergence Acquisition Corp. (NASDAQ: ACEV) is reportedly in talks for a merger with Achronix Semiconductor, the California-based semiconductor firm that has offices in India and China as well. The semiconductor company is valued at close to $2 billion and is expected to debut on the stock market late this year or early next year. 

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