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QUESTION 5 Which one of the following about SPACs is NOT correct? SPACs have been booming since 2010. The Pre-IPO price for a SPAC is

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QUESTION 5 Which one of the following about SPACs is NOT correct? SPACs have been booming since 2010. The Pre-IPO price for a SPAC is typically set at 10/share. A SPAC has about two years to merge with a private firm. When a SPAC merges with a private firm, the SPAC shareholders will vote on the deal

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