Feb 6, 2025 · A SPAC is a new company that can be formed by investors, business insiders, or other groups. Unlike a normal business, the only purpose of a SPAC is to sell shares and then acquire or …

Citigroup, Credit Suisse, Goldman Sachs, and BofA have all built a significant SPAC practice, while Cantor Fitzgerald led all SPAC underwriters in 2019 by book-running 14 SPACs that raised over US$ …

Feb 1, 2024 · What is a SPAC? A SPAC—which can also be known as a "blank check company"—is a publicly listed company designed solely to acquire one or more privately held companies. The SPAC …

A SPAC, or special purpose acquisition company, is a business that raises money in the public market to acquire a private company. Also known as blank-check companies, SPACs help investors access …

Jul 14, 2025 · A SPAC, or special purpose acquisition company, is another name for a "blank check company," meaning an entity with no commercial operations that completes an initial public offering …

Jul 22, 2025 · A SPAC (Special Purpose Acquisition Company) is essentially a shell company created to take a private business public through a merger. A SPAC has no operating business.

Aug 21, 2024 · This bulletin provides a brief overview for investors of important concepts when considering investing in a SPAC, both (1) when the SPAC is in its shell company stage and (2) at the …

May 1, 2025 · SPAC stock means shares of a SPAC, which is a company that goes public solely to acquire another company, thereby taking it public. If the acquisition is successful, the SPAC stock will...

Mar 26, 2024 · A SPAC is formed by a management team, typically known as a sponsor, that often has a business background, usually with a specific skillset in a niche industry.

This guide covers the basics of a SPAC, or Special Purpose Acquisition Companies, including the process, benefits, and structure.