The recent reports that India’s ed-tech giant Byju’s is in talks to go public on the U.S. stock exchange by merging with a special purpose acquisition company is the latest sign of how SPACs could transform the landscape for private K-12 companies looking to hit the public markets, reports EdWeek Market Brief.
Publicly-traded education companies remain rare, but there has been increased interest among investors and private education firms given the spotlight the K-12 market has been under with the pandemic and remote learning. The rejuvenated SPAC market has provided an extra boost to those efforts. Read more.
