About SPACs

SPAC stands for Special Purpose Acquisition Company. A SPAC company has no operating activities, achieves a stock exchange listing through a classic IPO and pursues the goal of acquiring or merging with a non-listed company within two years. If a SPAC transaction is structured correctly, this form of stock exchange listing offers an attractive alternative to the classic IPO which is advantageous for all parties involved.

Read more about the life cycle, advantages and typical questions about SPAC here.