SPAC Success Can Hinge on This Single Factor
Getty Images For founders looking to take their company public, special purpose acquisition companies (SPACs) offer a less risky, shorter alternative to traditional IPOs, if a few best practices are observed. In a SPAC, companies are formed in order to raise capital in an initial public offering and then uses the cash to acquire a private company, thereby taking it public, usually within a two-year time frame. The process recently has become popular, especially because SPACs allow foun...
Source: inc.com