GENE ONLINE|News &
BIOCEO21 Highlights: Criteria for Successful Launches of Biotech SPACs
When a company enters the stock market, it allows the public to trade its shares. An Initial Public Offering (IPO) allows companies to offer new stocks to the investors and raise capital. Well-funded companies can do a direct listing, which allows them to sell existing shares and avoid the cost of a traditional IPO. However, it doesn’t let them raise more capital.
Over the last few years, Special Purpose Acquisition Company (SPAC) has become a more popular route to IPO.
