ActiveAllocator Research ; After examining 18 Blank Check Company transactions we conclude that there are significant benefits to using the SPAC route to go public. These include a quicker and easier route to becoming a publicly-traded company compared to a traditional IPO. Also these often have greater ability to achieve higher cash monetization upfront, relative to an IPO or a spin-off, given their flexible transaction structure. Sellers are motivated for they can choose stock or cash as consideration. Valuations are easier to arrive at. Often, limited float provides favorable demand / supply balance to support trading and valuation, the usage of leverage tends to be lower and there are positive implications for tax efficiency.