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Pershing Square Tontine’s New SPARC Structure: A True Attempt To Democratize The IPO Process

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Pershing Square Tontine’s New SPARC Structure: A True Attempt To Democratize The IPO Process

Photo by Andrii Yalanskyi/iStock via Getty Images
The standard SPAC structure is designed to work as – SPAC sponsors raise money from accredited investors through unit allocations. For accredited investors to want to participate in SPAC unit allocations,…

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