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an4rchy | 5 years ago

It seems like this might be a better approach than SPACs.

Going forward, are there any other benefits to choosing a SPAC over this direct listing approach?

discuss

order

dbmikus|5 years ago

Can't you avoid an S1 filing and all that with a SPAC?

jklein11|5 years ago

My guess is that the SPAC does the S1 filing before making the acquisition. Therefore they don't need another S1.

Out of curiosity, how onerous is the S1 filing? Is it any more difficult to fulfill than the annual reporting requirements?