6 SPAC stocks investors need to know.

Rather than dealing with the hassle of an initial public offering, more and more private companies are going public via a reverse merger courtesy of a SPAC. What is a SPAC? SPACs, or special purpose acquisition companies, go public strictly to raise funds in order to acquire private companies. Also called "blank-check companies," SPACs usually have two or three years to make a deal before they have to return the funds to investors.
Read more...

;