Ultimately Wall Street gets paid more for SPACs than IPOs. Both sponsors and their advisors get more fees and upside. There’s a reason so many SPAC’s happened d

Ultimately Wall Street gets paid more for SPACs than IPOs. Both sponsors and their advisors get more fees and upside. There’s a reason so many SPAC’s happened during 2020 and 2021 and it wasn’t because companies thought SPAC’s were superior to IPO’s. Banks made more money.