Aptera › Community › Aptera Discussions › Shareholders, we need to go public through IPO or SPAC. › Reply To: Shareholders, we need to go public through IPO or SPAC.
MemberAugust 20, 2021 at 7:41 am
SPACs should be illegal, I’m really surprised that the SEC hasn’t banned them yet. The IPO process is designed to insure that only viable companies are allowed to enter public markets, the SPAC has undermined that. Companies that are outright scams like Nikola and Lordstown have been able to use SPACs to prey upon gullible retain investors. When Aptera goes public they should do it the right way through a proper IPO.