NYSE CLAS.U

WHY A SPAC?

SPACs have made a lot of noise. And for good reason.

The popularity of SPACs has skyrocketed in recent years. These public equities represent a novel— but not new—way for private companies to gain the benefits of public financing while side-stepping the complexities, costs, and often lengthy process associated with an initial public offering.

Class is in the thick of it. We’ve leveraged our familiarity with IPOs, along with our finance expertise and access to capital, to pair this dynamic investment vehicle with an explosive opportunity in the learning space.

Key Benefits of a SPAC

Speed

Speed

The holding company filing is far more streamlined than an operating company, allowing many to close in weeks as opposed to months or even years.

Control

Control

The existing management that partners with Class will keep a greater stake in operating say compared with taking on private equity.

Cost

Cost

Class has already invested in the IPO so the company we align with doesn’t have to bear that burden.

Valuation

Valuation

The higher public market value anticipated will be reflected in the transaction as we solidify our sponsor relationship with the company with which we’ll be joining forces.

We’ve built the rocketship. Who’s getting in with us?