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The Street
By Ellen Chang SPACs were a popular way for companies to go public in 2021. Here are the top five SPACs that are venture-backed and completed mergers with target companies. Many private companies went public in 2021, reaping the benefit of investors who sought to allocate their money into the public market, including ones that chose the SPAC route instead of the standard IPO strategy. Special Purpose Acquisition Companies, or SPACs, were the preferred route for hundreds of companies. Even by March 31 there were 378 IPOs in the U.S., which is more than any entire calendar year between 2003 and …
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