What are SPAC Special Purpose Acquisition Companies?

SPACs or Special Purpose Acquisition Companies 2021 growth has outpaced even 2020’s record year. So, what are SPAC companies? Are SPAC companies good or bad? What are some famous SPAC companies?

SPAC Special Purpose Acquisition Companies

SPAC timeline from creation to IPO of new company

What Happens if the SPAC cannot find an acquisition target?

SPAC companies have record 2021 with over $100billion raised.

SEC looking at SPAC companies according to WSJ

What am I buying with a SPAC?

Why do they call SPAC companies “black check companies”?

Virgin Galactic and DraftKings famous SPACs

SPAC companies on CNBC

How SPAC Mergers work

Mentioned in this Episode:

Athletes and Celebrities join SPAC boom https://news.crunchbase.com/news/athletes-and-celebrities-join-the-spac-boom-sec-takes-notice/

Beware the SPAC https://seekingalpha.com/article/4397498-beware-spac-how-work-and-why-are-bad

How SPAC mergers work https://www.pwc.com/us/en/services/audit-assurance/accounting-advisory/spac-merger.html

Derek Moore’s book Broken Pie Chart https://www.amazon.com/Broken-Pie-Chart-Investment-Portfolio/dp/1787435547/ref=sr_1_1?keywords=broken+pie+chart&qid=1558722226&s=books&sr=1-1-catcorr