... valuation SPAC offers the opportunity to negotiate the merger valuation upfront, reducing uncertainty regarding the company’s valuation. This is essential to avoid stock price fluctuations driven by market conditions. Reduced risks associated with going public For companies, going public through a SPAC can be less risky as it does not require extensive marketing campaigns or roadshows typical of IPOs. Access to experienced sponsors and investors SPACs are often initiated by sponsors with industry expertise, allowing ...

... successfully conducts an IPO, the value of the shares may significantly increase, yielding high returns. Access to promising startups and companies with high growth potential. Pre-IPO allows investors to become "early" shareholders of promising companies. Disadvantages: High risk level. Investments in Pre-IPO come with uncertainty and a possibility of capital loss if the company fails to go public or faces financial difficulties. Lack of liquidity. Shares purchased during the Pre-IPO cannot be quickly sold as they are not traded on the public market. Advantages and Disadvantages of Participating in IPO Advantages: Increased liquidity. After ...

... markets: corporations from various sectors (technology, industry, finance) regularly raised funds through primary issuances. A particular boom in IPOs occurred at the end of the 1990s and the beginning of the 2000s, when numerous internet and technology companies went public. Some of these companies saw their stock prices soar (by dozens or even hundreds of percent), fueling investor interest in new issuances. Following the dot-com crash, demand for IPOs fell; however, with the advancement of new technologies and the ...

... chances for success. Evaluate barriers to entry for competitors and how well the product fits the market and demand. A strong team with industry experience is also a positive factor. Company valuation. Compare the proposed valuation with comparable companies (public firms in the same sector). Utilize multiples (P/E, P/S) for benchmarks, tying them to current and expected company indicators. The size of the discount to the anticipated IPO price is also important: the lower the current valuation relative to ...

... more active engagement with investors and helps the company become more resilient in a competitive landscape. From the perspective of Russia's financial ecosystem, the expansion of the IPO market is of considerable importance. The introduction of new public companies on the Moscow Exchange boosts the competitiveness of the Russian market, making it more attractive to investors. I believe that the proactive development of this instrument will positively influence the entire economy of the country, while the ...