MSNBC All In With Chris Hayes October 23, 2021 00:25:00
Offering are the way that small unknown companies go public. again, with the idea that they have to go through a rigorous vetting process before they come to you, the investor because they have bono fide that make them invest worthy. along comes the spac. its a new name for an old thing on wall street. these used to be called reverse mergers. all that will are is a way for a company to become public and raise money from public investors without having to go through all those other steps of discl...
Source: archive.org