Can anyone say anything good about companies using SPAC as a method of going public? All I hear is that it's a way for executives and VCs to exit faster without regulations and outcomes are generally bad.
* Lower fees
* Less regulatory filings
It seems that one reason big investment banks (e.g. Goldman Sachs) are exiting the SPAC market is due to increased regulatory pressure, which may erase that advantage [1]
[1] https://seekingalpha.com/news/3844055-sen-warren-plans-to-bi...
That is an honest question - I can’t think of any but I’m also no expert.
QuantumScape is another that has potential
With a SPAC, all the negotiations take place privately, and when they're done, the company knows exactly what they're selling and at what price.
everyone is just posting copypasta they already had made about SPACs because they got burned on the share price direction, which for decently managed companies the share price has nothing to do with health or treasury balance. this article is bait for this sentiment.