Replies to post #22010 on Puget Technologies Inc (PUGE)

[kommisar7]

A Special Purpose Acquisition Company (SPAC) is a special purpose acquisition company or a shell company that initially collects capital through an IPO in order to invest it in a second step in the takeover of a company (not previously determined). [1] For the company to be taken over, the purchase by a SPAC is an alternative to a conventional IPO (IPO