SPAC
Americannoun
Example Sentences
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Also called a blank-check company, a SPAC, or special-purpose acquisition company, is a shell firm that lists publicly with the sole intent of merging with a private company to take it public.
From The Wall Street Journal ● Apr. 27, 2026
Ackman then turned his eyes to a spin on a SPAC, which he named a special-purpose acquisition rights company.
From The Wall Street Journal ● Mar. 10, 2026
Kodiak AI’s shares dropped 7.9% in premarket trading to $7.37 after its first quarterly report post-merger with a SPAC.
From Barron's ● Nov. 13, 2025
Founded in 2016 by auto designer Henrik Fisker, the company went public in 2020 via a SPAC, or special purpose acquisition company, backed by private equity firm Apollo Global Management.
From Los Angeles Times ● Aug. 24, 2024
It’s an example of what’s called a special purpose acquisition company, or SPAC, which can give young companies quicker and easier routes to getting their shares trading publicly.
From Seattle Times ● May 20, 2024
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