In this episode, we break down SPACs—Special Purpose Acquisition Companies—for anyone looking to understand how this alternative path to going public really works. Based on a no-fluff primer by Gritstone Asset Management, we walk through the SPAC lifecycle, from IPO to merger, explaining units, warrants, sponsor economics, and the typical 18–24 month deal window. You'll learn how underwriting fees, deal structures, and redemption risks shape SPAC investing, and why Gritstone’s OmniView platform is gaining attention. Whether you’re a retail trader or institutional player, this episode gives you the straight talk on SPAC mechanics, history, and market impact.