5min chapter

Stansberry Investor Hour cover image

Finding Diamonds in the 'Scrap Heap'

Stansberry Investor Hour

CHAPTER

The Mechanics of a Spack

A spack is a special purpose acquisition company. Historically this has been the types of companies that couldn't go public through an ipo, an initial public offering. The stock market has never really loved spacks. But in 20 20 and 20 21, things got pretty interesting. A lot of sponsors out there started raising money to find companies to take public through spacks.

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