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  "documentTitle": "Merging with SPAC",
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  "authorName": "Mayer Brown, PwC",
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      "text": "Going public through a business combination transaction with a SPAC may provide greater certainty than IPO\nConsideration and valuation set when business combination agreement executed\nRepricing may be possible due to market volatility or other reasons\nA SPAC may be willing to undertake a transaction with a company that is earlier stage than the typical IPO candidate\nMay provide flexibility regarding content and timing of communication",
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      "text": "What are the advantages of combining with a SPAC? (cont'd)",
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      "evidence": "Three qualitative benefits: certainty, valuation flexibility, communication timing.",
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      "evidence": "How SPACs work, advantages, process overview, S-4 and pro forma requirements.",
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