5 Best Cheap SPACs to Buy According to Reddit

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1. 890 5th Avenue Partners, Inc. (NASDAQ: ENFA)

890 5th Avenue Partners, Inc. (NASDAQ: ENFA) is a special purpose acquisition company that operates from New York. It is ranked first on our list of 10 best cheap SPACs to buy according to Reddit. The primary focus of the firm is the technology, media, and telecom sectors. The company went public in January 2021 and managed to raise more than $287 million from the offering. The CEO of the company is Adam Rothstein. 

890 5th Avenue Partners, Inc. (NASDAQ: ENFA) has signed a definitive agreement for a merger with BuzzFeed, the New York-based internet media company that is valued at over $1.5 billion and is going public soon. BuzzFeed is expected to begin trading under the ticker BZFD later this year. 890 5th Avenue Partners has a market capitalization of over $355 million. 

You can also take a peek at Billionaire Stan Druckenmiller’s Top 10 Stock Picks and Billionaire Julian Robertson On Interest Rates and His Top Stock Picks For 2021.

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