what are the advantages of a spac 
spacs offer advantages for companies planning to go public the route to public offering using a spac may take a few months while a conventional ipo process can take anywhere from six months to more than a year additionally the owners of the target company may be able to negotiate a premium price when selling to a spac due to the limited time window to commence a deal being acquired by or merging with a spac that is sponsored by prominent financiers and business executives provides the target company with experienced management and enhanced market visibility the popularity of spacs in 2020 may have been triggered by the global covid 19 pandemic as many companies chose to forego conventional ipos because of market volatility and uncertainty 4