I think it better to ask, "what is the value-add of a SPAC over traditional IPO?" Because there's an existing channel to take a company public, why all this hin

I think it better to ask, "what is the value-add of a SPAC over traditional IPO?" Because there's an existing channel to take a company public, why all this hinky backdoor runaround? To summarize what sibling comments illustrate, lots of bars get lowered (due diligence, et. al.) for a SPAC. As an individual investor, ask yourself, "why would such a solid company need lower barriers to going public?" And after you answer that question for yourself, you stay the hell away from such things. Because those things are not meant to enrich you.