New firms are looking for a less cumbersome means of capital raising than the traditional IPO. Enter the special purpose acquisition company (SPAC), which can fast-track a start-up’s public listing but carries disadvantages as well as advantages. In this thorough and straightforward report, market intelligence consultants at CB Insights provide would-be investors with a useful primer on what a SPAC does, its pros and cons, and its future prospects.
About the Author
CB Insights is a technology market-intelligence consulting firm.