Special Acquisition Companies SPAC’s are not new to Wall Street investors, popular sponsors in the finance industry are using them more frequently to bring private companies to the public markets on the NYSE and NASDAQ.
This video covers everything you need to know before investing in a SPAC, such as.
- What is a SPAC “special purpose acquisition company”, also known as a “blank check company”.
- Why private companies like going public through a SPAC.
- What a SPACs capital structure looks like.
- What are Founder Shares?
- A special purpose acquisition company is formed to raise money through an initial public offering to buy another company.
- At the time of their IPOs, SPACs have no existing business operations or even stated targets for acquisition.
- Investors in SPACs can range from well-known private equity funds to the general public.
- SPACs have two years to complete an acquisition or they must return their funds to investors.
Resource for research >> SPAC Research gives investors and asset managers access to our special purpose acquisition company database. This includes a profile on each listed SPAC.
SPAC & IPO ETF >> The Renaissance IPO ETF gives you exposure to the most significant newly public U.S. listed companies in a portfolio prior to their inclusion on core U.S. indices.