IPOs & SPACs
What Is a SPAC? How Blank-Check Companies and De-SPACs Work
A SPAC goes public first and finds a business later. Here is how the trust account, the deadline, redemption rights and warrants work, and what the SEC's 2024 rules changed.
Tag: IPOs
IPOs & SPACs
Direct Listing vs IPO vs SPAC: Three Ways a Company Goes Public
The three routes to a stock exchange differ in who sets the price, whether new money is raised and how soon insiders can sell. Here they are side by side, with real examples.