SPAC

abbreviation or noun

ˈspak

plural SPACs

: special purpose acquisition company

Wall Street's biggest gold rush of recent years, SPACs are listed shell companies that raise funds to acquire a private company and take it public, allowing targets to sidestep the more onerous paperwork and regulatory checks faced by traditional initial public offerings.

Katanga Johnson

Although special purpose acquisition companies (SPACs) could potentially fill some of this capital-providing role, they tend to focus more on larger businesses.

Will Rhind

Word History

First Known Use

1994, in the meaning defined above

单词	SPAC
释义	SPAC abbreviation or noun ˈspak plural SPACs : special purpose acquisition company Wall Street's biggest gold rush of recent years, SPACs are listed shell companies that raise funds to acquire a private company and take it public, allowing targets to sidestep the more onerous paperwork and regulatory checks faced by traditional initial public offerings. Katanga Johnson Although special purpose acquisition companies (SPACs) could potentially fill some of this capital-providing role, they tend to focus more on larger businesses. Will Rhind Word History First Known Use 1994, in the meaning defined above
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