SPAC To The Future: How Blank-Check Acquirers Could Reshape Emerging Companies’ Roles In Public Markets
One of the most interesting developments in finance this year has been the sudden popularity of the SPAC, or special-purpose Acquisition Company. It is a great opportunity for retail investors to arrive at investment party early and buy into privately owned company before becoming public listed company. If you look at the initial public offering and direct listing market today, getting in on a hot new stock has gotten rather expensive.
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