A Special Purpose Acquisition Company (SPAC) is a publicly-traded company created specifically to acquire or merge with an existing company, facilitating that company`s transition to a public entity without a traditional IPO.

A special purpose acquisition company (SPAC) is a publicly traded entity created to buy or merge with an existing company.

What is the difference between a SPAC and an IPO? A SPAC raises capital through an IPO specifically to acquire another company, while a traditional IPO is a direct public offering of a company`s shares to raise capital.

What is a SPAC explained? A SPAC (Special Purpose Acquisition Company) is a company formed to raise capital via an IPO with the intention of merging with an existing private company to take it public.

What is SPACs quizlet? SPACs, or Special Purpose Acquisition Companies, are firms that raise money through an IPO specifically to acquire or merge with existing companies.

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A special purpose acquisition company (SPAC) is created to merge with a private company, allowing it to go public.

A SPAC is a public company formed to acquire or merge with another business.