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Basic Question 3 of 4

Which statement is false?

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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Your review questions and global ranking system were so helpful.
Lina

Lina

Learning Outcome Statements

compare publicly and privately owned corporate issuers

CFA® 2025 Level I Curriculum, Volume 2, Module 1.