special purpose acquisition company
noun
plural special purpose acquisition companies
: a corporate shell (see shell entry 1 sense 11) set up by investors for the sole purpose of raising money through an initial public offering to acquire another business yet to be determined : blank check company
—abbreviation SPAC
Examples of special purpose acquisition company in a Sentence
Recent Examples on the Web
Enhanced Group began trading on the New York Stock Exchange earlier this month under the ticker ENHA after merging with a special purpose acquisition company.
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Justin Birnbaum, Sportico.com, 26 May 2026
One of his current roles is leading Emmis Acquisition Corp, a special purpose acquisition company.
—Malana Vantyler, USA Today, 17 Apr. 2026
CoinShares will make its public debut through a merger with Vine Hill Capital, a special purpose acquisition company.
—Sean Conlon,lisa Kailai Han, CNBC, 31 Mar. 2026
Truth Social would then merge with another company, Texas Ventures III, a special purpose acquisition company formed in 2024 to acquire or merge with other businesses.
—Aimee Picchi, CBS News, 27 Feb. 2026
See All Example Sentences for special purpose acquisition company
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Justin Birnbaum, Sportico.com, 26 May 2026
One of his current roles is leading Emmis Acquisition Corp, a special purpose acquisition company.
—Malana Vantyler, USA Today, 17 Apr. 2026
CoinShares will make its public debut through a merger with Vine Hill Capital, a special purpose acquisition company.
—Sean Conlon,lisa Kailai Han, CNBC, 31 Mar. 2026
Truth Social would then merge with another company, Texas Ventures III, a special purpose acquisition company formed in 2024 to acquire or merge with other businesses.
—Aimee Picchi, CBS News, 27 Feb. 2026
See All Example Sentences for special purpose acquisition company
Cite this Entry
“Special purpose acquisition company.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/special%20purpose%20acquisition%20company. Accessed 4 Jun. 2026.
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