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PACs and SPACs!
After Hours
Capital Markets in 20 20 Was a Great Year for IPOs
A sponsor is allowed to raise money relatively easily in a public company vehicle. In the last 12 months, we've had draft kings and virgin gala tic become public via a spack. This can also be referred to as a back door to going public because effectively you've now taken a private company and made them public.
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highlights
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