SPACs are kinda strange.. it is a way for a company to go public without directly selling any shares in an IPO https://en.wikipedia.org/wiki/Special-purpose_ac

SPACs are kinda strange.. it is a way for a company to go public without directly selling any shares in an IPO https://en.wikipedia.org/wiki/Special-purpose_acquisition_company https://en.wikipedia.org/wiki/Special-purpose_acquisition_co... Matt Levine has written a lot about them, and why we are seeing quite a few right now