Posted on Jan 30, 2021
What is a SPAC? Explaining one of Wall Street’s hottest trends
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"What is a SPAC?
A special purpose acquisitions company is essentially a shell company set up by investors with the sole purpose of raising money through an IPO to eventually acquire another company."
A special purpose acquisitions company is essentially a shell company set up by investors with the sole purpose of raising money through an IPO to eventually acquire another company."
What is a SPAC? Explaining one of Wall Street’s hottest trends
Posted from cnbc.com
Investing
Business
Money
Posted 4 y ago
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