SPAC
DeFiA SPAC is a company created by investors to raise money from the public and then use that money to buy another company, allowing that company to go public without the usual complicated process of an initial public offering (IPO).
- Definition
- A SPAC is a company created by investors to raise money from the public and then use that money to buy another company, allowing that company to go public without the usual complicated process of an initial public offering (IPO).
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