Real Estate Company Going Public Via Spac
Accor is the latest company to dive into the special purpose acquisition company or SPAC merger market. A 30 million raise pre-SPAC The companys headquarters near the San Francisco Bay in. Special Purpose Acquisition Company Spac Overview How It Works A SPAC is a shell company that lists on a stock exchange with the intention of merging with a private firm to take it public. Real estate company going public via spac . The company is going public via a reverse merger with Virgin Groups VG Acquisition Corp NYSEVGAC a special purpose acquisition company. The company is targeting a 15 billion valuation upon combining with. The companys real value is in its trove of genetic data which isnt going anywhere. Innovid a 14-year-old ad tech company focused on connected television plans to go public via a merger with a publicly traded special purpose acquisition company. Heres What You Need to Know. Second going public via SPAC can provide a huge amount of growth capital for the compa...
