What is a SPAC? An Alternative to Traditional IPOs

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 company, effectively taking that company public without going...

Understanding IPO Valuation and Pricing Strategies

The Core Objective: Determining Intrinsic Value At its heart, an Initial Public Offering (IPO) valuation is the process of determining the intrinsic value of a private company to establish a fair price for its shares when they are offered to the public for the first...