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Retirement Insecurity

   
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The Real Output Gap

   
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What is a SPAC?

What is a SPAC? A SPAC—also known as a ‘blank check company’— is a publicly held investment vehicle created to merge with a company, thereby bringing the company public. A SPAC begins with a sponsor forming a corporation and working with underwriters to list the SPAC on a public exchange. In the IPO, a SPAC sells units consisting of a share and a fractional warrant. The proceeds of a SPAC’s IPO are placed in a trust and invested in Treasury notes. The SPAC typically
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Check the background of this financial professional on FINRA's BrokerCheck
Check the background of this financial professional on FINRA's BrokerCheck