Finance people: are SPACs never sketchy?

Finance people: are SPACs never sketchy?
by ravenium (2024-03-26 14:19:00)

In reply to: Truth Social is merging with DWAC. posted by EricCartman

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To a layman this feels like one of those "that seems like a grift" financial concepts.

Replies:

It's an easy way to IPO, so kind of shady. * - EricCartman 2024-03-26 18:25:45
- Yep, easier for a crooked management team to go public - gregmorrissey 2024-03-26 19:13:30
Not a finance person, but my son helped take a company - IAND75 2024-03-26 15:46:50
- Interesting - ravenium 2024-03-28 17:13:31
  - It gets to public funding quickly with fewer constraints - IAND75 2024-03-28 19:35:40