InvestorsHub Logo
Boards
News
Market Data
Markets
Discover
Discover
AI Subscribe Login/Register account icon
S&P 500
5,616.34
(
-0.17%
)
US TECH 100
18,878.80
(
-0.71%
)
Dow Jones
41,475.34
(
0.20%
)
Brent Oil
72.18
(
1.11%
)
Bitcoin
57,924.27
(
-2.11%
)

Replies to post #9853 on Electric Car Company, Inc. (ELCR)

Replies to #9853 on Electric Car Company, Inc. (ELCR)
icon url

Stock Guy777

12/07/20 2:29 PM

#9855 RE: Nebuchadnezzar #9853

What exactly is the spac again? I remember reading something from George Sharp about it with TSNP
icon url

Stock Guy777

12/07/20 2:32 PM

#9857 RE: Nebuchadnezzar #9853

NM....

a SPAC is a Special Purpose Acquisition Company with an emphasis on the idea of acquisition. This is a company that comes to market via an IPO that you can buy into. It is formed for the express purpose of acquiring other companies.