Special Purpose Acquisition Company (SPAC) Explained: Examples and Risks
A special purpose acquisition company (SPAC) is formed to raise money through an initial public offering (IPO) to buy another ...
Nasdaq1y
Special Purpose Acquisition Companies (SPACs)
What is the difference between a SPAC and an IPO of an operating company? A SPAC is formed from capital raised in a traditional IPO. As a publicly-traded entity, a SPAC must satisfy Nasdaq’s ...
Financial Advisor24d
Veterans Drive SPAC IPO Rebound As Hunt For Deals Picks Up
The companies that will use SPACs are expected to consist of those which aren’t prime candidates for traditional IPOs, according to Mark Schwartz, Ernst & Young’s Americas IPO and SPAC ...
Kiplinger11mon
SPACs 101: What Is a SPAC and How Does It Work?
They then merge with that target, which allows the target to go public while avoiding the much longer IPO process. At that point, the entity usually is no longer known by the SPAC moniker ...
U.S. News & World Report3y
3 SPAC ETFs to Consider
SPAK is the first SPAC ETF to ever hit the market, launching in September 2020. This is a great ETF for investors who want exposure to the entire IPO market. The ETF is passively managed ...
International Financing Review3y
SPAC IPO House: Citigroup
Special purpose acquisition companies came to dominate IPO issuance at times in 2021. Citigroup extended its leadership in an asset class long core to the bank, making it IFR’s SPAC IPO House of the ...
Business Insider3y
WeWork has agreed to go public via a SPAC merger. The deal values it at $9 billion, less than a quarter of its 2019 valuation.
WeWork is merging with a special-purpose acquisition company, SPAC, in a deal that values it at $9 billion including debt, the company said Friday. The merger with the BowX Acquisition Corp. SPAC ...