SPAC: Difference between revisions

180 bytes added ,  29 September 2023
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[[File:Spack.jpg|450px|thumb|center|Don’t do it.]]
{{image|Spack|jpg|Don’t do it.}}
}}{{d|SPAC|/spæk/|n|}} <br>
}}{{d|SPAC|/spæk/|n|}} <br>
1. ''Playground slang'': (''Also “spack”'') Someone who could do with slapping upside the head with a fish of some sort. One who invests in a [[special purpose acquisition company]]. <br>
1. ''Playground slang'': (''Also “spack”'') Someone who could do with slapping upside the head with a fish of some sort. The sort of person who invests in a [[special purpose acquisition company]]. <br>
2. ''Finance'': A [[special purpose acquisition company]], also known as a “blank check company” is an [[espievie]] that is listed on a stock exchange — thus, being a publicly listed company — that is organised with the purpose of acquiring a private [[company]] by a type of merger, in the process making the private company public without it having to go through the traditional, painful, expensive [[initial public offering]] process.  
2. ''Finance'': A [[special purpose acquisition company]], also known as a “blank check company” is an [[espievie]] that is listed on a stock exchange — thus, being a publicly listed company — that is organised with the purpose of acquiring a private [[company]] by a type of merger, in the process making the private company public without it having to go through the traditional, painful, expensive [[initial public offering]] process.  


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Will Granddad ''never'' learn?
Will Granddad ''never'' learn?
 
===The JC’s [[crypto-SPAC]]===
Never one to miss out on the zeitgeist, the [[JC]]’s [[Lexrifyly]] division is launching [[Soaring Legal Eagle Acquisition Crypto Company]] in 2023.
{{sa}}
{{sa}}
*[[Signs of the forthcoming apocalypse]]
*[[Signs of the forthcoming apocalypse]]
*{{br|Debt: The First 5,000 Years}}
*{{br|Debt: The First 5,000 Years}}
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