
07/16/2020
SPACs: An Attractive Alternative to an IPO for Target Companies?
Special Purpose Acquisition Companies, or SPACs, have gained popularity in recent months, with US-listed SPACs raising over $12 billion during the first half of 2020. More than half of the IPOs to list on the NYSE during this period were SPACs. This exchange accounted for 82 percent, or $8.8 billion,…
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