September 6, 2021
I believe the idea of issuing warrants for a SPARC, rather than doing a SPAC IPO would be incredibly beneficial to retail investors.
It removes the opportunity cost of an investment that may not even happen by avoiding locks on capital. By doing that it transforms the investment from opt-out to opt-in, while preserving the opportunity for retail investors of acquiring a stake in a good private companies at a fair price that wouldnt otherwise seek access to public capital markets, therefore being inaccessible to retail investors.