On Going Public: SPACs, Direct Listings, Public Offerings, and Access to Private Markets
Ben's Blog
MAY 24, 2021
The de-SPAC process is essentially the process that occurs after a SPAC has agreed to terms with an acquisition target where the two entities are fully merged. The former are often institutional shareholders who can earn rates of return as high as 11% for “loaning” money to the SPAC in search of its target. 1990-1998 13.3%
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