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Technology Stocks : Blank Check IPOs (SPACS)

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To: Glenn Petersen who wrote (2669)6/7/2020 4:47:32 PM
From: Triffin  Read Replies (1) of 3862
 
doing a traditional IPO

I don't know that much about the actual costs of taking
a private company public thru a regular underwriting vs
merging with an existing SPAC ..

Looking at the recent DKNG and VTIQ/NKLA deals I think that
the SPAC shareholders ended up in the ~7% ownership range
of the newly combined entities ..

The ~7% equity "cost" of going public in this manner must be attractive
vs the traditional IPO or none of the PE stable companies
would use SPACs .. or am I missing something here ??

Triff ..
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