There's been a surge in special purpose acquisition companies, or SPACs. Because of the frenzy of SPACs, finding bankers and lawyers and securing eventual deals is getting harder. From a SPAC-off, to ...
Special purpose acquisition companies (SPACs) offer a unique way for companies to go public. A SPAC is a shell company listed on a stock exchange that aims to acquire a private company, allowing it to ...
SPACs often pay around $300,000 for legal advice on their IPOs, and the eventual merger often results in legal fees that can be 3 to 5 times what it cost to go public, attorneys say.
How Does a SPAC Work? SPACs are a way for companies to make the leap from privately held to publicly traded in a way that’s often less complicated than an initial public offering (IPO), according to ...
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