Virgin Galactic SPAC Tie Up Highlights Evolution in Equities Market

Présentation


Robert Cohen discussed the growing number of special acquisition purchase companies (SPAC), which allow private companies to bypass traditional initial public offerings. “Generally, it is a process where the company doesn’t think that the time or market reception for an IPO would be there,” said Cohen. “I don’t think anybody sees this as a magic bullet, but it is an option. »