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
The stock is down about 90 percent from when the SPAC merger was consummated and was trading at $2 on Monday morning, given the firm a market capitalization of $234 million.
—Evan Clark, Footwear News, 13 Oct. 2025
The partners are forking out $78 million for the IP with Angel’s portion of the investment at about $31 million in cash, its first big move since merging with a SPAC for a public listing on the New York Stock Exchange.
—Jill Goldsmith, Deadline, 8 Oct. 2025
Palihapitiya once helped ignite the SPAC boom among retail investors during the pandemic in 2020, but his first wave of deals mostly lead to poor returns.
—Yun Li, CNBC, 30 Sep. 2025
Plus had initially sought to go public in 2021 via a SPAC merger with Hennessy Capital Investment Corp. V in a deal that valued the company at $3.3 billion, but that transaction fell through that November.
—Glenn Taylor, Sourcing Journal, 25 Sep. 2025
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Evan Clark, Footwear News, 13 Oct. 2025
The partners are forking out $78 million for the IP with Angel’s portion of the investment at about $31 million in cash, its first big move since merging with a SPAC for a public listing on the New York Stock Exchange.
—Jill Goldsmith, Deadline, 8 Oct. 2025
Palihapitiya once helped ignite the SPAC boom among retail investors during the pandemic in 2020, but his first wave of deals mostly lead to poor returns.
—Yun Li, CNBC, 30 Sep. 2025
Plus had initially sought to go public in 2021 via a SPAC merger with Hennessy Capital Investment Corp. V in a deal that valued the company at $3.3 billion, but that transaction fell through that November.
—Glenn Taylor, Sourcing Journal, 25 Sep. 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 17 Oct. 2025.
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