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SPACs are a publicly traded vehicles that exist solely to raise money and acquire existing private companies. How Does a SPAC Work?
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Special Purpose Acquisition Company: What Is A SPAC? - Forbes
SPACs are a publicly traded vehicles that exist solely to raise money and acquire existing private companies. How Does a SPAC Work?
What Is a SPAC? Special Purpose Acquisition Companies Explained
Narrator: SPACs, or special purpose acquisition companies, are shell companies that have no business or assets but are designed to raise money through an initial public offering, or IPO, and then later use that money to merge with or acquire a private, operating company.
SPACs: What You Need to Know - Harvard Business Review
SPACs are publicly traded corporations formed with the sole purpose of effecting a merger with a privately held business to enable it to go public. Compared with traditional IPOs, SPACs often...
What Is a SPAC? Special Purpose Acquisition Companies Explained
A special purpose acquisition company, or SPAC, is a company set up by investors with one purpose: to help a private company go public. SPACs have helped companies like DraftKings, BuzzFeed...
Special-purpose acquisition company - Wikipedia
A special-purpose acquisition company (SPAC; / spæk /), also known as a " blank check company ", is a shell corporation listed on a stock exchange with the purpose of acquiring (or merging with) a private company, thus making the private company public without going through the initial public offering process, which often carries significant ...
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