Appears when the public market withers – Eat pheasants and eat eggs… Right-handed listing ‘Spec’
As the volatility of the stock market increases, listings through acquisition-purpose companies (Specs) are continuing in a row. SPEC is a offshore company established for the purpose of corporate mergers and acquisitions (M&A) and detour listing. It is a method of collecting money by listing the spec, and then using the money to buy an unlisted company. After the financial crisis, it was introduced to help small and medium-sized enterprises (SMEs) that have technology and growth potential but are having difficulties in raising funds. It is analyzed that the specification listing is preferred by companies that urgently need to be listed because there is no need for a separate demand forecasting procedure.
▶ When the public offering market freezes, specs become popular