In the last few months, companies like the space tourism agency Virgin Galactic and the data-mining firm Palantir have debuted on the stock exchange without launching IPOs. This video looks at the pros and cons of the SPAC process that allows businesses to go public through so-called “blank check” companies.
Questions:
- What are the advantages of taking a company public through a SPAC rather than a traditional IPO?
- What are the potential drawbacks of SPACs compared to IPOs?
