The prospect of companies hitting the public markets before they’re fully prepared creates the possibility for failure, according to Rock Health.
Here’s Which VC-Backed Companies Are Going Public Via SPAC This Year (So Far)
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.
Baby Monitor Maker Owlet to Go Public Via Sandbridge SPAC
Baby monitor maker Owlet Baby Care Inc. is going public through a reverse merger with a blank-check company backed by private equity firm Sandbridge Capital, according to people with knowledge of the matter.