SPAC

plural SPACs · alternative Spac

1. abbreviationacronymbusinessAcronym of special-purpose acquisition company.

   1 more example

   Their company, Reinvent Technology Partners, raised $600 million in an I.P.O. and started trading yesterday, posting one of the biggest one-day share price gains of any SPAC so far this year. That suggests that investors see promise in their approach, well before their vehicle finds a target company to merge with.

   2020 September 18, “A New Spin on SPACs”, in The New York Times, →ISSN

   Synonyms: blank check company[Appendix:Glossary

present singular third person SPACs · participle present SPACing · participle past SPACed · past SPACed · alternative Spac

1. businessTo become a listed company via a merger with a special-purpose acquisition company.

   The startup SPACed and was listed on the Nasdaq stock exchange.

plural Spacs

1. Alternative letter-case form of SPAC.

   Perhaps more notably, they also expect 25 percent of all Spac acquisitions to be vetoed by shareholders in 2008 — which will force those Spacs to liquidate.

   2008 April 15, “A Pullback for Spacs?”, in NY Times DealBook, retrieved 18 Nov 2020