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2.3.1. Formation
SPACs are established and managed by SPAC sponsors, but they may appoint professional…
As a rule of thumb, management team are not paid as a regular employee or consultant.…
Alternatively, promote may be structured as a ‘staggered promote’ in that managers’…
SPACs are formally established once Form S-1 (or Form F-1 for foreign SPACs) is submitted…
2.3.The Typical Lifecycle of the Modern US SPACs
2.3.2. IPO