SPAC ( Special Purpose Acquisition Companies )  are getting popular and a very hot topics recently with total deal from SPAC amounting to more than USD 25 Billions in 2020. The deal including below biggest SPAC from UWM ( around $16 bil ) and some others like  …Opendoor , Virgin Galactic, Draft King , Nikola , Skillz , SoFi , TGI , View, The Lion, Clover, Furion, AVC , Betterware , Metromile, Charge Point ,  Ave Point ….and many more. Largest SPAC Deal in History to Take United Wholesale Mortgages Public <>

So what is SPAC ( Special Purpose Acquisition Companies ) actually and how it different from traditional way of fund raising  through I.P.O or PE.

The 2021 outlook for the booming SPAC market and traditional IPOs <source:>
‘Blank-Check’ Companies Are Hot on Wall Street. Investors Can’t Ignore Them. <source:>