SPACs

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.

See also

• Acquisition
• Cash shell
• Company
• Conduit
• Entity
• Financial Conduct Authority (FCA)
• Operating company
• Special Purpose Entity
• Special purpose vehicle
• Sponsor
• SSPE