June 21, 2025

Launch as a Public Company

“Welcome to the Public Markets”

Welcome back to The SPAC Podcast. This is our final episode in the SPECIAL series — a framework covering the seven key stages of the SPAC process.

We’ve walked through:
S: Sponsor Setup
P: Public Raise
E: Evaluate Targets
C: Combination Planning
I: Investor Engagement
A: Approval Process

Now we arrive at L: Launch as a Public Company.

Once the business combination is approved and closed, the private company officially becomes public. The merged entity begins trading under its new ticker symbol, and the SPAC structure dissolves.

PIPE proceeds are funded, sponsor shares convert, and the company now steps into a new phase — reporting earnings, engaging shareholders, and scaling as a public business.

For the founders, it’s just the beginning. For the SPAC sponsor, the mission is complete.

That’s the SPECIAL journey — from blank check to public company.