Leading the charge and fury in the IPO markets are SPAC's, short for Special Purpose Acquisition Companies.
| | | SPAC ATTACK: What Happens When Hot IPO's and Financings Hit the Market in Tech and Gold | |  | Initial Public Offering's (or IPO for short) are riding high right now.
You might've heard about the Snowflake IPO making headlines.
It's a company with a special type of deal structure that most investors might not have heard of before.
And leading the charge and fury in the IPO markets are SPAC's, short for Special Purpose Acquisition Companies.
SPAC's start as a shell company and sell shares to investors. It doesn't have any operations or business of its own. The purpose is to acquire one that does.
It's like a backdoor route for large sums of money (think $100 million, or more) to get into the stock market.
Investors and the private equity funds behind these SPAC's love it because there is much less underwriting.
And the paper pushing process through the SEC is easier.
Much like private placements in the red-hot mining space – which we'll get to in a moment – SPAC's have rules... | Get The Whole Story Here | | | Contact Us | We are available to help you five days a week, Monday through Friday, from 9:00 am to 5:00 pm Eastern Time. Please do not hesitate to contact us if you need additional information or support. We will respond to all phone calls and emails as soon as possible, and usually within one business day. | | | Address: Venture Society Holdings LLC425 Town Plaza Avenue Ponte Vedra, FL 32081 Phone #: (904) 404-8873 Email: support@wealthpress.com | | | A WealthPress Publication The information in this email is intended for informational purposes only and does not guarantee specific results as there is a high degree of risk involved with trading. Also, our traders are real traders and may have financial interests in the companies discussed. Please see our Terms and Conditions for more information.
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