[jartelt]

The fees and dilution companies take on when doing a SPAC are typically higher than if they had done an IPO. SPACs also can and often do pop up just like IPOs.

When you go with a SPAC you are basically paying more fees in exchange for a faster route to go public and more price certainty. In most cases high flying companies with great numbers are better off doing a direct listing or IPO than a SPAC.