SPACs, also known as blank-check companies, have made a comeback under the Trump administration.44 SPAC offerings have raised $9 billion so far this year, compared to 57 companies raising $9.6 billion in all of 2024.The landscape for SPAC advisers has shifted, with lesser-known outfits dominating over banking giants.The Trump administration has enabled the SPAC revival through measures like tariffs that have impacted stock markets and IPO plans.