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A special-purpose acquisition company (SPAC; / s p æ k /), also known as a "blank check company", is a shell corporation listed on a stock exchange with the purpose of acquiring (or merging with) a private company, thus making the private company public without going through the initial public offering process, which often carries significant procedural and regulatory burdens.
[Editor's Note: "10 SPAC IPO Stocks to Buy as They Grow in Popularity" was previously published in March 2020. It has since been updated to include the most relevant information available.]Not ...
Rocket Lab USA (NASDAQ: RKLB), a developer of reusable orbital rockets, went public by merging with a special purpose acquisition company (SPAC) on Aug. 25, 2021. Its stock opened at $11.58, but ...
See 3 “Double Down” stocks » *Stock Advisor returns as of December 16, 2024. Rich Smith has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends ...
3D printing in ISS, in-space antenna systems, fiber optics Unknown Operational (2018) [229] Varda Space Industries: building products in space and bringing them back to earth (ex: ZBLAN, 3d printed organs) Unknown Operational (2021) [230] Deep Space Industries: propellant, communications platforms, space solar power satellites: MicroGravity Foundry
Many space-oriented companies went public by merging with special purpose acquisition companies in 2021.That process was simpler and faster than filing a traditional IPO, but it also allowed ...
Kr Space 1.3 June 2018 [140] China Yugabyte: 1.3 October 2021 [408] Database management United States Incode 1.25 December 2021 [409] Technology Mexico Applied Intuition 1.25 October 2020 [410] Software United States BigID 1.25 May 2018 [411] Cybersecurity Israel / United States Deel: 1.25 April 2021 [412] Israel / United States ezCater: 1.25 ...
The stock isn't cheap at 12 times its projected sales for 2026, but it could have plenty of room to run as AT&T, Verizon, and other telecom companies scale up their LEO broadband networks to reach ...
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