Special-purpose acquisition company - Wikipedia
https://en.m.wikipedia.org/wiki/Special-purpose_acquisition_company
WEBA special purpose acquisition company ( SPAC; / spæk / ), also known as a " blank check company ", is a shell corporation listed on a stock exchange with the purpose of acquiring (or merging with) a private company, thus making the private company public without going through the initial public offering process, which often carries significant ...
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