Description

The SPACs playlist helps explain what SPACs are, how they compare to IPOs, how their funding works, sponsors, shareholders, PIPE investors, pros and cons vs an IPO, fees, returns and shareholder structure post deal.

Learning Objectives

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1. Recall what SPACs are, how they are structured and their lifecycle.
2. Compare SPACs and traditional IPOs.
3. Recall how SPACs funding works.
4. Identify the roles of sponsors, shareholders, and PIPE investors.