Going public through a special purpose acquisition company is officially mainstream. Special purpose acquisition companies, once looked down upon by Wall Street-types as a less respectable way to go public, have been forming and going public at an unprecedented pace this year.
What Should Warehouse Investors Know About This Robotics SPAC?
Robotics company Berkshire Grey is the latest private company going public through a deal with a special purpose acquisition company (SPAC). It agreed to a transaction with Revolution Acceleration Acquisition Corp (NASDAQ: RAAC) to infuse it with cash and accelerate its expansion.