No idea on how complicated it is to file an S1. I just type code :)
From my understanding, the SPAC goes public (with an S1) with the intent to acquire "some company". Then the company being acquired doesn't have to file an S1. I would guess that the SPAC's S1 is going to be a lot less complicated, as it's a do-nothing holding company set up to acquire some TBD company.
From my understanding, the SPAC goes public (with an S1) with the intent to acquire "some company". Then the company being acquired doesn't have to file an S1. I would guess that the SPAC's S1 is going to be a lot less complicated, as it's a do-nothing holding company set up to acquire some TBD company.