SPACs: Difference between revisions
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Abbreviation for Special Purpose Acquisition Companies. | Abbreviation for Special Purpose Acquisition Companies. | ||
SPACs are companies formed to: | SPACs are companies formed to: | ||
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* [[Financial Conduct Authority]] (FCA) | * [[Financial Conduct Authority]] (FCA) | ||
* [[Operating company]] | * [[Operating company]] | ||
* [[SPAC]] | |||
* [[Special Purpose Entity]] | * [[Special Purpose Entity]] | ||
* [[Special purpose vehicle]] | * [[Special purpose vehicle]] | ||
Latest revision as of 22:05, 22 August 2021
Special purpose vehicles - acquisitions.
Abbreviation for Special Purpose Acquisition Companies.
SPACs are companies formed to:
- (1) Raise money from investors, and then
- (2) Use the money raised to acquire another operating business.
