Thread regarding SAS Institute layoffs

I know, I know, nobody here believes an IPO is happening, and a sale is the likely plan/wish if not outcome. However, there is an in between option called SPAC, special purpose acquisition company. A SPAC that has gone public in order to seek acquisitions in specific areas may acquire a private company (usually a startup), and then that company has basically gone public without going through the IPO process. Normally the assumption is high risk/high reward potential, though. However, could it be a viable path for SAS? Seems unlikely but who knows.