What's a "SPAC" and why are these things so hot right now?
How SPACs Work
Otherwise known as “blank check companies,” these things have become HOT models in 2020 and since the onset of the pandemic.
How it works:
You give me a pile of money
I can go out into the market and spend it on whatever company I like
What’s the catch?
Check the overview video to learn more:
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