How Private Companies Are Bypassing the IPO Process | WSJ

Private companies are flooding to special-purpose acquisition companies, or SPACs, to bypass the traditional IPO process and gain a public listing. WSJ explains why some critics say investing in these so-called blank-check companies isn’t worth the risk. Illustration: Zoë Soriano/WSJ

More from the Wall Street Journal:
Visit WSJ.com:
Visit the WSJ Video Center:

On Facebook:
On Twitter:
On Snapchat:

#WSJ #Explainer

BLANK CHECK COMPANY,BLANK-CHECK,IPO,IPO MARKET,SPAC,SPACS,INVESTMENT,INVEST,PUBLIC LISTING,RISK,PRIVATE,VOLATILE,SEC,Shell Company,Corporate Actions,Acquisitions,Mergers,Fraud,draftkings,nikola,virgin galactic,nikola stock,what is a spac,spac stocks,investing,initial public offering,special purpose acquisition company,mergers and acquisitions,stock market,stocks,stock investing,stock market investing,what is spac,stock,nkla,blank check companies,