For those of us that follow the public markets, it has been impossible to escape news of notable companies like Draft Kings, Virgin Galactica, and Nikola going public through a long-abandoned and unconventional method: using special-purpose acquisition companies (SPACs). Cutting through the complicated financial jargon, here is everything you need to know about SPACs and how they are being used to achieve IPO today.
Excellent overview of SPACs. This article is succinct and very informative.