SPACs: Difference between revisions
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Abbreviation for Special Purpose Acquisition Companies. | Abbreviation for Special Purpose Acquisition Companies. | ||
SPACs are companies formed to raise money from investors, and then use the money raised to acquire another operating business. | SPACs are companies formed to (1) raise money from investors, and then (2) use the money raised to acquire another operating business. | ||
Revision as of 15:48, 18 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.
