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
According to Bank of America, nearly 800 SPAC transactions occurred in 2020 and 2021, compared to just 30 in 2023 and 50 in 2024.
—Ganesh Rao, CNBC, 30 Oct. 2025
In 2022, Banijay, along with Betclic, went public via a SPAC deal through FL Entertainment.
—Max Goldbart, Deadline, 28 Oct. 2025
In 2020, as this structure appeared to stabilize, Genius Sports went public via SPAC.
—Eben Novy-Williams, Sportico.com, 22 Oct. 2025
Established in 2017 as Fosun Fashion Group, the firm planted its flag in luxury fashion, snatching up its brands in a series of acquisitions and went public in a SPAC deal in December 2022 that raised more than $150 million.
—Evan Clark, Footwear News, 13 Oct. 2025
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Ganesh Rao, CNBC, 30 Oct. 2025
In 2022, Banijay, along with Betclic, went public via a SPAC deal through FL Entertainment.
—Max Goldbart, Deadline, 28 Oct. 2025
In 2020, as this structure appeared to stabilize, Genius Sports went public via SPAC.
—Eben Novy-Williams, Sportico.com, 22 Oct. 2025
Established in 2017 as Fosun Fashion Group, the firm planted its flag in luxury fashion, snatching up its brands in a series of acquisitions and went public in a SPAC deal in December 2022 that raised more than $150 million.
—Evan Clark, Footwear News, 13 Oct. 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 7 Nov. 2025.
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