SPACs: The Alternative to a Traditional IPO

A Special Purpose Acquisition Company (SPAC) is a publicly-traded shell corporation created for the sole purpose of raising capital through an Initial Public Offering (IPO) to acquire an existing private operating company, thereby taking that company public without...

Direct Listings vs. Traditional IPOs

The Mechanics of a Traditional Initial Public Offering (IPO) A Traditional IPO is a meticulously choreographed process where a private company raises capital by selling new shares to the public for the first time. This journey is characterized by its structured,...