SPACs 101: What Is a SPAC, And How Does It Work? - Kiplinger
https://www.kiplinger.com/investing/stocks/ipos/603076/spacs-101-what-is-a-spac-how-does-it-work
WebJul 6, 2021 · A SPAC is formed by a management team, typically known as a sponsor, that often has a business background, usually with a specific …
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