Will SPACs Continue to Outpace IPOs Over the Coming Decade?

Danny Vena, Jason Hall, and Jamal Carnette, CFA, The Motley Fool
·7-min read

The special purpose acquisition company, or SPAC, came into its own in 2020. The so-called "blank-check company" exists with the sole purpose of conducting an initial public offering (IPO). It then uses the funds raised from the IPO to acquire another business.