You may have heard about SPACs or a Special Purpose Acquisition Company. In this episode we will discuss:

1. What is a SPAC and why do they exist?
2. How do SPACs work?
3. Why are SPACs called Blank Check companies?
4. What is the difference between a SPAC and an IPO?

ACap Advisors & Accountants is a financial advisor and CPA firm located in Los Angeles, California. We are a full service wealth management and CPA firm.

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