Private companies with cutting-edge technology have become particularly attractive targets for special purpose acquisition companies (SPACs). These private companies may choose to go public via SPAC for a number of reasons that include the ability to share projections with investors, better valuation prospects and deal execution certainty. Much like companies that go public by way… Continue reading Post-SPAC Technology Company Hit with Securities Class Action
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Investors in SPACs Need to Know the Real Deal: Bloomberg Editorial
It’s hard to believe anyone would pay $10 for $7 worth of a company’s shares. Yet that’s roughly what a lot of investors have been doing, by participating in a financial innovation known as a special purpose acquisition company, or SPAC. See related article. People have every right to give away their money. But the… Continue reading Investors in SPACs Need to Know the Real Deal: Bloomberg Editorial