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

Bancorp Founder Betsy Cohen To Take New SPAC Public

Bancorp Founder Betsy Cohen To Take New SPAC Public
Bancorp Founder Betsy Cohen To Take New SPAC Public
August 26, 2020  |  IPO

Betsy Cohen, who founded and formerly operated The Bancorp, is planning to take a $750 million shell company public this week. Get the Full Story...

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Mattress Retailer Casper Seeks To Raise $300M For A New SPAC
Mattress Retailer Casper Seeks To Raise $300M For A New SPAC
August 19, 2020  |  IPO

Mattress retailer Casper Sleep Inc. hopes to raise $300 million for a blank-check company, as shares of the New York-based firm have fallen by nearly 38...

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Ackman Launches New ‘Blank-Check’ Firm As IPO Alternative For A ‘Mature Unicorn’
Ackman Launches New ‘Blank-Check’ Firm As IPO Alternative For A ‘Mature Unicorn’
July 22, 2020  |  Investments

Hedge fund billionaire Bill Ackman launched his “special purchase acquisition company” (or SPAC) on the New York Stock Exchange (NYSE) Wednesday (July 22), positioning the...

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