SPAC
abbreviation or noun
plural SPACs
: special purpose acquisition company
Wall Street's biggest gold rush of recent years, SPACs are listed shell companies that raise funds to acquire a private company and take it public, allowing targets to sidestep the more onerous paperwork and regulatory checks faced by traditional initial public offerings.—
Katanga Johnson
Katanga JohnsonAlthough special purpose acquisition companies (SPACs) could potentially fill some of this capital-providing role, they tend to focus more on larger businesses.—Will Rhind
Will RhindExamples of SPAC in a Sentence
Recent Examples on the Web
An online home buyer and flipper, its fortunes have reversed post-pandemic and after a 2020 SPAC.
—Emma Hinchliffe, Fortune, 23 July 2025
Malik then took the company public through a merger with his SPAC, Colombier Acquisition Corp. II.
—Eric Cortellessa, Time, 17 July 2025
But Slam ended up facing difficulties in the market after the SPAC bubble burst in 2022.
—Brendan Coffey, Sportico.com, 11 July 2025
The company, which went public via a special purpose acquisition company, or SPAC, last year, now trades with a market capitalization of around $4.9 billion.
—Mackenzie Sigalos, CNBC, 23 June 2025
See All Example Sentences for SPAC
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Emma Hinchliffe, Fortune, 23 July 2025
Malik then took the company public through a merger with his SPAC, Colombier Acquisition Corp. II.
—Eric Cortellessa, Time, 17 July 2025
But Slam ended up facing difficulties in the market after the SPAC bubble burst in 2022.
—Brendan Coffey, Sportico.com, 11 July 2025
The company, which went public via a special purpose acquisition company, or SPAC, last year, now trades with a market capitalization of around $4.9 billion.
—Mackenzie Sigalos, CNBC, 23 June 2025
See All Example Sentences for SPAC
Cite this Entry
“SPAC.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/SPAC. Accessed 29 Jul. 2025.
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