Facts on SPACs: What to Consider Before Investing in Blank-Check Companies
Key Takeaways Special-purpose acquisition companies (SPACs) are also known as blank-check companies SPACs are often found in hot sectors; they’re created to buy other companies and/or raise IPO funds Investors should understand the unique risks associated with SPACs Special-purpose acquisition companies (SPACs), also called blank-check companies, are often created as paths to initial public offerings […]