I read somewhere that they end up costing as much as an IPO for some arcane reas... | Hacker News

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		cheriot on Dec 20, 2022 \| parent \| context \| favorite \| on: MariaDB plunges nearly 40% in NYSE debut after SPA... I read somewhere that they end up costing as much as an IPO for some arcane reasons. Maybe that's not actually the case?

TylerE on Dec 20, 2022 [–]

It’s not the reason. They’re SPACing because they’d never pass the scrutiny to IPO

randyrand on Dec 20, 2022 | [–]

who did the Spac pass the crusting then?

TylerE on Dec 21, 2022 | | [–]

Because it’s just a bag of money.

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