by Controllers Council | Jun 21, 2022 | Corporate Finance, Funding, Startups
Over recent years, SPAC financing has been viewed as an opportunity for private companies to go public in a shorter time frame, with fewer risks to company valuation, than the more traditional IPO route. Numerous companies, especially in the tech sector, opted for...
by Controllers Council | Dec 20, 2021 | Corporate Finance
Special Purpose Acquisition Companies (SPACs) have a long history of setting records, so it’s not surprising that 2021 saw a record number of IPOs driven by SPACs. SPACs had previously raised $83.4 billion in Initial Public Offerings (IPOs) in 2020, but by March of...
by Controllers Council | May 25, 2021 | CFO Insights, Controller Insights, Funding
Since they were created in 1993, SPACs gained raving popularity in the wake of the new decade as they made record-setting capital acquisitions. In 2020, SPACs raised $83.4 from initial public offerings (IPOs). Strikingly, they raised over $95.7 in the first quarter of...