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Sure, you can spell SPAC. But what is it?

Sure, you can spell SPAC. But what is it?

Source: SpaceNews
Date Published: 03/23/2021

The wave of deals involving special-purpose acquisition corporations (SPACs) has grabbed the space industry’s interest in the last few months. It’s also prompted more than a few people to ask: what, exactly, is a SPAC?

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