WeWork is finally going public.
The company will be going public in a reverse merger with BowX Acquisition.
The Wall Street Journal reported that WeWork, which tried and failed to go public in a $47 billion IPO in 2019, will raise another $1.3 billion in funds from private equity groups including Starwood Capital Group.
The total valuation, per the report, places WeWork at around $9 billion.
BowX is an affiliate of Bow Capital, a San Francisco, California-based investment group founded by Vivek Ranadivé that includes NBA legend Shaquille O'Neal as one of its key supporters.
So, is this a SPAC to watch?
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