SPAC

Speech parts

1. SPAC - Noun

2. SPAC - Verb

Meaning

SPAC (plural SPACs)

(business) Acronym of special-purpose acquisition company.

SPAC (third-person singular simple present SPACs, present participle SPACing, simple past and past participle SPACed)

(business) To become a listed company via a merger with a special-purpose acquisition company.
The startup SPACed and was listed on the NASDAQ stock exchange.

Spac (plural Spacs)

Alternative letter-case form of SPAC

Anagrams

Examples

First, Ackman chose to structure PSTHU without "Founder's Shares," which typically function as a great way for SPAC sponsors to quickly get rich while the rest of us get diluted. Source: Internet

Other beneficiaries of the SPAC boom include fast-moving U.K. electric vehicle maker Arrival, and startups including Hyliion, Canoo, Lordstown Motors and Lion Electric. Source: Internet

It will be the first SPAC of its kind, according to Perella Weinberg. Source: Internet

On July 30, 2020, it was announced that Cerevel Therapeutics was merging with a “public special purpose acquisition company” (SPAC) called Arya Sciences Acquisition Corp II. Source: Internet

Opendoor said the SPAC transaction valued it at a 1x multiple of its revenue (the value of the houses it sells, plus any ancillary services). Source: Internet

Palihapitiya’s first SPAC took Richard Branson’s space-travel company public in 2019. Source: Internet

Close letter words and terms