January 4, 2021

04 January 2021

SPACs Are Booming — So What Does the Future Hold?


In 2020, a new acronym burst into the mainstream business lexicon: SPACs, or special purpose acquisition companies.

In the simplest sense, SPACs offer a faster, cheaper way of taking a company public. By sidestepping the expensive underwriting fees, arduous road shows, and unpredictable market pricing associated with initial public offerings (IPOs), SPACs have emerged as an attractive alternative strategy for investors and business owners alike.