SPAC

A Special purpose acquisition company (SPAC) is a "blank check" shell corporation designed to take companies public without going through the traditional IPO process. Though SPACs have been for a long time, the financial maneuver has gain immense attention in recent months as more private companies use SPAC as the vehicle to go public.

For more information on SPAC https://www.nytimes.com/2020/08/25/business/dealbook/spac-ipo-boom.html

You can review some of the SPACs on my watch list by clicking on SPACs Tracker

Note: This website is only for information purposes. Please do your detailed research. Any investment decision taken will solely be your responsibility. You can get back more or less capital that you invest