China Corporate Finance, China Ipos, China Spac, China Reverse Merger
A special purpose acquisition corporation commonly known as a “SPAC”. SPACs are shell or blank-check companies that have no operations but that go public with the intention of merging with or acquiring a company with the proceeds of an initial public offering. SPACs serve an important role in bringing new technology to the market. A SPAC is similar to a reverse merger.
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