By Amber Deter As the SPAC investing trend continues, investors want to know the latest SPAC listings. Here we explain what it is, the top SPAC listings and how to stay up-to-date on the newest SPACs.
What is a SPAC listing?
SPAC stands for special purpose acquisition company. It can also be called a blank check company. These companies don’t have business operations. Instead, they offer stock in an IPO to raise capital. That capital is used to acquire another company, effectively taking it public in a SPAC IPO.
A SPAC listing is when a SPAC trades on a stock exchange. Listing refers to when a …read more