How to Invest in SPACs
The road to an initial public offering, or an IPO, can be long and winding, let alone a real distraction for a company trying to deliver its breakthrough products in a highly competitive environment. Lately, some wealthy investors are using an alternate route to provide promising companies access to the public markets -- and giving individual investors another way to get in on the ground floor. After filing its first set of forms with the Securities and Exchange Commission, or the SEC, a typical company will spend the better part of a year getting ready for and promoting its upcoming IPO.
