6 min
📊 What is a SPAC? | How Nikola's SEC probe could have been avoided Four Minute Finance
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- Investing
What does it mean when a company goes public via a SPAC (special purpose acquisition company)? A SPAC is used when companies don't want to go public through a traditional IPO. There are a lot of benefits but some serious downfalls that investors need to be aware of.
What does it mean when a company goes public via a SPAC (special purpose acquisition company)? A SPAC is used when companies don't want to go public through a traditional IPO. There are a lot of benefits but some serious downfalls that investors need to be aware of.
6 min