One sponsor or two co-sponsors finance the initial public offering of the first SPAC, which is then committed to finance the initial public offerings of the second and third SPACs, thereby creating a chain effect allowing a cascade of SPACs to be finalized automatically by their predecessors.
Facebook
Twitter
LinkedIn
WhatsApp
Email
Latest News & Articles
SPAC IPO
A SPAC raises capital through an initial public offering (IPO) for the purpose of