SPAC
SPAC primarily refers to a special-purpose acquisition company, a method of taking a company public by merging it with an already public investment company. SPAC may also refer to: * Henry Crown Sports and Aquatics Center, a sports facility at Northwestern University often abbreviated as "SPAC" * São Paulo Athletic Club * Saratoga Performing Arts Center, Saratoga Springs, New York * Shaw Performing Arts Centre, Winnipeg, Canada * Shizuoka Performing Arts Center, Shizuoka, Japan * Soil plant atmosphere continuum * Spaç Prison, former prison in Albania See also

* * Space (other) * PAC (other) {{disambig ...
[...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]  

Special-purpose Acquisition Company
A special-purpose acquisition company (SPAC; ), also known as a blank check company or a blind-pool stock offering, is a shell corporation listed on a stock exchange with the purpose of acquiring (or merging with) a private company, thus taking the private company public through a procedure which requires less regulatory filings and has less safeguards for investors than the initial public offering (IPO) process. According to the U.S. Securities and Exchange Commission (SEC), SPACs are created specifically to pool funds to finance a future merger or acquisition opportunity within a set timeframe; these opportunities usually have yet to be identified while raising funds. In the U.S., SPACs are registered with the SEC and considered publicly traded companies. The general public may buy their shares on stock exchanges before any merger or acquisition takes place. For this reason they have at times been referred to as the "poor man's private equity funds." The majority of companies ...
[...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]