Definition : Special Purpose Acquisition Company
Category : Business » Business Terms
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What does SPAC mean?

Special Purpose Acquisition Company (SPAC), also known as a blank check company, is a company that is formed with the sole purpose of raising capital through an Initial Public Offering (IPO) to acquire or merge with a private company, thus making the private company public without going through the traditional IPO process.
SPAC is formed with the primary objective of acquiring another company.
After going public, the SPAC has a limited timeframe, usually 18-24 months, to identify and acquire a suitable target company. This target company is typically a high-growth private entity operating in a specific industry or sector.

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We have found 8 more results for SPAC
United States SPAC Saratoga Performing Arts Center
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Brazil SPAC São Paulo Athletic Club
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Worldwide SPAC Soil-Plant-Atmosphere Continuum
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Worldwide SPAC Student Professional Awareness Conference
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Canada SPAC Society of Professional Accountants of Canada
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United States SPAC Stevens Pass Alpine Club
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Philippines SPAC South Philippine Adventist College
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Frequently Asked Questions (FAQ)

What is the full form of SPAC?

The full form of SPAC is Special Purpose Acquisition Company

What is the full form of SPAC in Business?

Special Purpose Acquisition Company

What are the full forms of SPAC in Worldwide?

Special Purpose Acquisition Company | Soil-Plant-Atmosphere Continuum | Student Professional Awareness Conference


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