Special purpose vehicles - acquisitions - reverse takeovers - SPACs.
SPAC is an abbreviation for Special Purpose Acquisition Company.
SPACs are companies formed to (1) Raise money from investors, and then (2) Use the money raised to acquire, or merge with, another operating business.
A de-SPAC transaction, or process, is part of the life cycle of the SPAC.
De-SPACing is the process by which the former SPAC ceases to be a SPAC, and the newly merged company becomes a public company.