

A new class of special purpose acquisition companies could give rise to a constellation of publicly traded education companies, with more visibility and greater access to capital.
Last summer, as California’s economy was hammered by COVID-19 and Gov. Gavin Newsom floated the prospect of deep cuts to K-12 funding, schools across the nation’s most populous state started preparing for the grimmest scenarios.
In the Wasco Union Elementary School District, about two hours north of Los Angeles, that meant putting together initial budget…