Special purpose acquisition companies (SPACs) are shell companies that go public with the intent of buying a private business. Also known as “blank check companies,” SPAC IPOs have increasingly become a popular alternative to the traditional initial public offering (IPO).
SoFi Learn Article: What Are SPAC IPOs?
SoFi Learn Article: What To Know About SPAC IPOs
SoFi Learn Article: Why Are SPAC IPOs Suddenly So Hot?