So you’ve heard. There’s a “Blank-check” mania going rife. SPACs, which stands for special-purpose acquisitionc ompany, has been around for decades but has suddenly been reprised phenomenally.
One of the advantages of SPAC is that it gives offering companies a path to going public much faster than the traditional IPO.
Check out this video, which pretty much breaks it down to the basics.
And you’re welcome 🕺🏽