Keywords: IPO
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Journal Articles
Review of Corporate Finance (2025) 5 (3-4): 451–501.
Published: 14 July 2025
...Christopher Hansen This study investigates the characteristics and stock market performance of companies merging with special-purpose acquisition companies (SPACs) compared to companies that conducted a traditional IPO in 2020 and 2021. Moreover, it examines the impact of private equity and venture...
Journal Articles
Review of Corporate Finance (2025) 5 (3-4): 503–547.
Published: 14 July 2025
...Debarshi K. Nandy; Yaxuan Wen We study retail investment interest in SPACs. This is the first paper to document individual investor trading activity following a firm’s IPO or a de-SPAC merger. SPACs provide the opportunity for retail investors to purchase shares of newly public companies...

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