SPAC

A special purpose acquisition company, also known as a "blank check company" is a shell corporation listed on a stock exchange with the purpose of acquiring a private company, thus making it public without going through the traditional initial public offering process.

Source: en.wikipedia.org

Porch Leverages IPO To Bring Digital Technology To Homebuying

Porch Leverages IPO To Bring Digital Technology To Homebuying
Porch Leverages IPO To Bring Digital Technology To Homebuying
February 03, 2021  |  Real Estate

Relocating one’s living quarters can be a great life event (new house) or a devastating one (foreclosure). During the pandemic, Pew Research Center found that...

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Bill Me Later Co-Founders Launch Deep Lake Capital SPAC For FinTech Deals
Bill Me Later Co-Founders Launch Deep Lake Capital SPAC For FinTech Deals
February 03, 2021  |  IPO

Talk about credentials. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

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SPACs Now Eyeing Asia For Merger Deals
SPACs Now Eyeing Asia For Merger Deals
February 01, 2021  |  IPO

Special purpose acquisition companies, or SPACs, are now eyeing the Asian market for merger deals as they compete to finalize deals before their initial public...

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Simon Property Group, Wheels Up Get In On The SPAC Action
Simon Property Group, Wheels Up Get In On The SPAC Action
February 01, 2021  |  IPO

New year – and on Wall Street, perhaps the same bubble forming. Get the Full Story Complete the form to unlock this article and enjoy...

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Education Platform Nerdy To Go Public By Merging With SPAC
Education Platform Nerdy To Go Public By Merging With SPAC
January 29, 2021  |  IPO

Education gig economy platform Nerdy Inc. has struck a deal to go public by merging with TPG Pace Tech Opportunities, a special purpose acquisition company...

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WeWork Could Merge With SPAC — Or Land Private Investment
WeWork Could Merge With SPAC — Or Land Private Investment
January 28, 2021  |  Investments

In a year in which over 80 new special purpose acquisition companies (SPACs) have made their debut, WeWork is in discussions to merge with a...

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SPACs On The Menu: Restaurant Industry Veterans Seek Solutions For Current Crisis
SPACs On The Menu: Restaurant Industry Veterans Seek Solutions For Current Crisis
January 20, 2021  |  ResTech

It was John Adams, second president of the U.S., who once said: “Every problem is an opportunity in disguise.” Apparently, Andy Pforzheimer and Dave Pace...

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Goldman CEO Says SPAC Explosion ‘Unsustainable’
Goldman CEO Says SPAC Explosion ‘Unsustainable’
January 19, 2021  |  Partnerships

Goldman Sachs CEO David Solomon said he doesn’t think the current special purpose acquisition company (SPAC) boom is sustainable, the Financial Times (FT) reported. Get...

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