Dictionary

SPAC en · NOUN

Pronunciation

• /ˈɛsˌpæk/
• /spæk/

Meanings

1. (abbreviation, acronym, alt-of) Acronym of special-purpose acquisition company.
   alt of special-purpose acquisition company
   • Their company, Reinvent Technology Partners, raised $600 million in an I.P.O. and started trading yesterday, posting one of the biggest one-day share price gains of any SPAC so far this year. That suggests that investors see promise in their approach, well before their vehicle finds a target company to merge with. 2020 September 18, “A New Spin on SPACs”, in The New York Times, →ISSN:

Forms

Hypernyms

special-purpose vehicle · company · shell company · SPE · special-purpose entity · SPV

Synonyms

blank check company[Appendix:Glossary

Translations (2)

fi yritysostoyhtiö (Translations) · pl SPAC (Translations)

wikidata: Q2308203

SPAC en · VERB

Pronunciation

• /ˈɛsˌpæk/
• /spæk/

Meanings

1. To become a listed company via a merger with a special-purpose acquisition company.
   • The startup SPACed and was listed on the Nasdaq stock exchange.

Forms