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Basic Question 3 of 4
Which statement is false?
B. When a company gets acquired by a SPAC, it goes public without paying for an IPO.
C. The target private company is unknown at the time of the SPAC IPO.
A. The goal of companies that become public through a direct listing is to raise additional capital.
B. When a company gets acquired by a SPAC, it goes public without paying for an IPO.
C. The target private company is unknown at the time of the SPAC IPO.
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I just wanted to share the good news that I passed CFA Level I!!! Thank you for your help - I think the online question bank helped cut the clutter and made a positive difference.
Edward Liu
Learning Outcome Statements
compare publicly and privately owned corporate issuers
CFA® 2025 Level I Curriculum, Volume 2, Module 1.