ABP #325 - Special Purpose Acquisition Compan...

It's harder than you think. 

The most critical issues 

SPACs are shell companies that raise capital from investors through an IPO with the intention to acquire a private company within two years. But are they worth investing in? 

Spacs, or special purpose acquisition companies, were all the rage at the start of the pandemic. These shell companies raise cash by listing on the stock market, and then seek a merger with a private company. This created a novel way for companies to list on t ...

In this week's episode, we unpack the following four stories in the world of corporate finance.

How it works and who benefits.