SPAC
Special Purpose Acquisition Company; a capital-markets mechanism in which a shell company completes an IPO to raise funds and then acquires a target company, enabling the target to go public. The process is faster and offers a more predictable timeline than a traditional IPO, and saw a surge of activity in the technology and mobility sectors during 2020–2021.
Timeline (last 90 days)
Electric vehicle companies such as Lordstown Motors, Canoo, and Arrival all went public via SPACs, and subsequently experienced widespread steep share price declines and difficulties delivering on production capacity.
A SPAC is a mechanism in which a shell company first raises funds through an IPO and lists, then acquires a target company within a specified period to complete a backdoor listing
The specified period for a SPAC to find and acquire a target company is typically 18–24 months
Compared to a traditional IPO, the SPAC listing process is generally faster and more predictable in timeline, potentially shortening to a matter of months
During 2020–2021, SPACs experienced a boom in the technology and mobility sectors, with companies such as Lucid and Arrival going public through this route
All Facts (7)
NuScale Power通过SPAC方式上市后股价经历了剧烈波动
85%UnverifiedOklo在首次SPAC合并失败后才成功上市
80%UnverifiedElectric vehicle companies such as Lordstown Motors, Canoo, and Arrival all went public via SPACs, and subsequently experienced widespread steep share price declines and difficulties delivering on production capacity.
50%UnverifiedDuring 2020–2021, SPACs experienced a boom in the technology and mobility sectors, with companies such as Lucid and Arrival going public through this route
50%UnverifiedThe specified period for a SPAC to find and acquire a target company is typically 18–24 months
50%UnverifiedA SPAC is a mechanism in which a shell company first raises funds through an IPO and lists, then acquires a target company within a specified period to complete a backdoor listing
50%UnverifiedCompared to a traditional IPO, the SPAC listing process is generally faster and more predictable in timeline, potentially shortening to a matter of months
50%