<p>What does it mean when a company goes public via a SPAC (special purpose acquisition company)? A SPAC is used when companies don't want to go public through a traditional IPO. There are a lot of benefits but some serious downfalls that investors need to be aware of. </p>

What does it mean when a company goes public via a SPAC (special purpose acquisition company)? A SPAC is used when companies don't want to go public through a traditional IPO. There are a lot of benefits but some serious downfalls that investors need to be aware of.

๐ What is a SPAC? | How Nikola's SEC probe could have been avoided

๐Four Minute Finance takes large financial and money management topics and boils them down to digestible four minute lessons.

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๐ What is a SPAC? | How Nikola's SEC probe could have been avoided

๐ What is a SPAC? | How Nikola's SEC probe could have been avoided