IPO vs. Direct Listing vs. SPAC

Stock Market, Private Equity, Venture Capital

IPO vs. Direct Listing vs. SPAC: The Three Paths to Going Public, Explained

April 25, 2026

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Going public? This beginner-friendly guide breaks down IPOs, direct listings, and SPACs. Compare costs, timelines, and benefits to choose the best path for your company’s public market journey.