In Part 1 featured in Issue 8 we endeavored to explore on a high level the nature of SPACs and how they operate. In Part 2, we will be your guide through a select few current examples of SPACs on the marketplace. Feel free to jump ahead to a particular SPAC that’s interesting, or read them all – but in any case, be sure to note the common motivations behind creating the SPAC, as well as the...
Part 1 First, some context An initial public offering (IPO) or in layman’s terms, ‘going public’, is arguably one of the most important moments for any business and certainly one of the biggest pay-days for its founders and early investors. But what is an IPO? Put simply, an IPO is a manner in which businesses can raise capital through the public markets whereby shares can be bought and...