Is WeWork Preparing To Go Public?

Reports from the Wall Street Journal have revealed that WeWork is considering melding a special-purpose acquisition to go public.

This news comes less than two years after the company’s last attempt to go public in September 2019 was highly scrutinized due to its questionable financials and governance.

Sandeep Mathrani, CEO of WeWork, and the company’s board have been in talks with a SPAC affiliated with BOW Capital Management, as well as one other SPAC.

“Our significant progress combined with the increased market demand for flexible space shows positive signs for our business,” a WeWork spokesperson said. “We will continue to explore opportunities that help us move closer towards our goals.”