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On November 24th, Burson Cohn & Wolfe (BCW) brought together experts from across financialservices to discuss current activity and prospects for special purpose acquisition companies (“SPAC”). Direct listings were simply a liquidity event for private investors and employee shareholders until the summer of 2020.
From the outset the Bridges and Innovate teams had a good rapport, and we talked a lot together before entering into detailed negotiations. The preparation for a capitalraise and bringing in new investors requires careful thought and management. Those discussions were about social impact, strategy, the marketplace and the team.
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