Babylon Health is joining the SPAC boom

London-based digital healthcare app Babylon Health  plans to become a public company through a merger with Alkuri Global Acquisition Corp., a blank check company or SPAC. The SPAC route is a faster route to market versus a traditional IPO,  with a report by JP Morgan stating that half of all the new IPOs by volume since January 2019 were SPACs. The deal, which is