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The Avenue

By Ellen Chang SPACs had been a preferred manner for firms to go public in 2021. Listed here are the highest 5 SPACs which might be venture-backed and accomplished mergers with goal firms. Many non-public firms went public in 2021, reaping the good thing about traders who sought to allocate their cash into the general public market, together with ones that selected the SPAC route as an alternative of the usual IPO technique. Particular Function Acquisition Firms, or SPACs, had been the popular route for lots of of firms. Even by March 31 there have been 378 IPOs within the U.S., which is greater than any complete calendar 12 months between 2003 and …

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