This AvidXchange IPO analysis will look at the AP automation/payment vendor’s recently filed S-1 document, which discloses a raft of information and signals the firm’s intent to become a publicly traded company via an initial public offering. While we could make a joke that IPOs are so old fashioned, for those firms that have the option of an IPO vs. a SPAC, an IPO is still often the preferred route. And if you can get Goldman Sachs and JP Morgan as joint book runners (i.e., lead bankers), like AvidXchange, what is not to like about an …
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