SPAC vs Traditional IPO: Investors See Benefits of Blank-Check Companies

The Asia-focused SPAC raised $100 million in a January IPO to target EdTech companies.

If the deal with its undisclosed suitor goes through, Shenzhen State Fuel Cell Corporation will become the latest in a long line of electric vehicle companies to choose the short route to an IPO.

"The listing regime is still stuck in 1984,” Clare Cole, FCA's director of market oversight, said. “Large aspects of our regime remain unchanged since then – at its core is a regime based on rules designed when we still stored data on a floppy disk.”

Cara Burnham, director of business development with Marshall & Stevens, highlights key takeaways from the recent DealFlow SPAC Conference 2021.