WeWork Finally Goes Public and Gets Warm Reception

WeWork has gone public through a $9 billion SPAC deal. The company, now smaller and more streamlined, is trading smoothly and has a market cap under $9 billion, a significant drop from its previous $47 billion valuation. Despite stepping down, Adam Newman retains ties with WeWork. The company faces ongoing losses but is attracting investor interest.

What type of deal did WeWork use to go public?

• Reverse Merger

• SPAC Deal

• Direct Listing

• Traditional IPO

What was the initial trading status of WeWork after going public?

• It faced significant trading issues

• It was trading smoothly and higher

• It was not trading at all

• It was trading lower than expected

How does the current market cap of WeWork compare to its previous valuation?

• It is slightly lower than before

• It is significantly lower than before

• It is the same as before

• It is higher than before

What financial outcome did Adam Newman achieve despite stepping down?

• He lost all his shares

• He received no financial compensation

• He walked away with more than $2 billion

• He retained his position on the board

What challenges does the new WeWork face despite investor interest?

• It is facing regulatory issues

• It has no challenges

• It is struggling with leadership changes

• It has a lot of losses to contend with