A special purpose acquisition company (SPAC) is formed to raise money through an initial public offering (IPO) to buy another ...

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 ...

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 ...

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 ...

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 ...

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 ...

This tidal wave is due to a combination of low interest rates, big public-market valuations, and large financial incentives for SPAC sponsors ... guidelines of an IPO. "One advantage of SPACs ...

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 ...