SPAC Basic question

[jobyts]

Hi,

 

I just started learning about the SPAC world. Here's my basic question. Through a SPAC, a company becomes public. After the company becomes public, what is the typical relationship between the SPAC owner and the acquired company? Does the SPAC owner remain in the board and guide the company, or they usually leave and start on the next SPAC/acquisition?

I'm trying to figure out if the SPAC owner is still important after the acquisition and is it worth investing in a company looking at the credibility of the SPAC owner.

I was specifically looking at PaySafe (PSFE).

Thanks,