SPACs: Difference between revisions
From ACT Wiki
Jump to navigationJump to search
imported>Doug Williamson (Layout.) |
imported>Doug Williamson (Add link.) |
||
| Line 19: | Line 19: | ||
* [[Financial Conduct Authority]] (FCA) | * [[Financial Conduct Authority]] (FCA) | ||
* [[Operating company]] | * [[Operating company]] | ||
* [[SPAC]] | |||
* [[Special Purpose Entity]] | * [[Special Purpose Entity]] | ||
* [[Special purpose vehicle]] | * [[Special purpose vehicle]] | ||
Revision as of 22:05, 22 August 2021
Special purpose vehicles - acquisitions.
Abbreviation for Special Purpose Acquisition Companies.
SPACs are companies formed to:
- (1) Raise money from investors, and then
- (2) Use the money raised to acquire another operating business.
