SPAC
See also: Spac, spać, and spáč
English
Alternative forms
- Spac
Pronunciation
- IPA(key): /spæk/
Noun
SPAC (plural SPACs)
- (business) Acronym of special-purpose acquisition company.
- 2020 September 18, “A New Spin on SPACs”, in The New York Times, ISSN 0362-4331:
- 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.
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Verb
SPAC (third-person singular simple present SPACs, present participle SPACing, simple past and past participle SPACed)
- (business) 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.
Anagrams
- APCs, CAPS, CAPs, CPAs, CPSA, PACS, PACs, PCAs, SCAP, SPCA, caps, caps., scap