Report: Bird Considers Going Public Via SPAC
socalTECH
NOVEMBER 16, 2020
Santa Monica-based on-demand, last mile transportation company Bird is considering going public via a Special Purpose Acquisiton Company (SPAC), according to a report from Bloomberg. It's unclear how far along the SPAC might be, however, Bloomberg said the discussions "are in an early stage". Entering public markets by bypassing an initial public offering (IPO), and instead using a SPAC has been very popular with technology companies, both here and elsewhere, with such companies as green technol
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