FALLING DEMAND FOR IPO. UPTRENDS: DIRECT LISTING, PRE-IPO AND MERGER WITH SPAC
This article discusses the issue concerning companies’ capital raise on stock exchanges without going through an IPO (initial public offering). Analyzed the best practices of large and promising companies, whose shares have been placed on the market through direct listing, pre-IPO (preliminary public offering) and mergers with SPAC companies (target company intended for merger). The influence of these methods on the participants of stock exchanges is considered.