Finance and Investing Parsons CPA SPACs

Stock Market New Year: The Year of the SPACs?

What is a SPAC?  A SPAC is a special purpose acquisition company (SPAC) with no commercial operations that is formed strictly to raise capital through an IPO (see definition below article) for the purpose of acquiring an existing company. Also known as a blank-check company. SPACs provide private companies with a non-conventional (becoming more conventional) […]