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Topic: m-a

The facade of the New York Stock Exchange
Companies
Saturday, 7/4, 12:45 AM

What Is a SPAC? The 'Blank-Check' Shortcut to Going Public, Explained

  • A SPAC is a company with no business, no products and no revenue that raises money on the stock market anyway — so it can later find a real company to merge with and take public.
  • It's a genuine shortcut to a listing, and a structure with a history of disappointing the investors who chase it.

In brief

m-a — news and stories on this topic

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