Why do companies choose to go public through a SPAC IPO rather than a conventional IPO? – SoFi

SPAC IPOs can offer a much speedier way for companies to enter public markets. A merger between a SPAC IPO and target company can take between four to six months, however, this could take longer and the SPAC IPO could even fail to merge with another company. In contrast, the conventional IPO model can take 12 to 18 months.