114 days ago • Posted by Charles-Henry Monchau

A SPAC explained in one slide

 SPAC (Special Purpose Acquisition Company) is the new way favored by many companies to go IPO. Some noteworthy SPACs: Paysafe Group - $9 billion valuation, to be announced: Bakkt - $2 billion valuation, to be announced; SoFi - $8.6 billion valuation, to be announced; OpenLending - $1.3 billion valuation, completed; Katapult - $1 billion valuation, to be announced. Source: CB Insights, Linas Beliūnas. 

SPAC explained in one chart
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