SPAC
abbreviation or noun
plural SPACs
: special purpose acquisition company
Wall Street's biggest gold rush of recent years, SPACs are listed shell companies that raise funds to acquire a private company and take it public, allowing targets to sidestep the more onerous paperwork and regulatory checks faced by traditional initial public offerings.—
Katanga Johnson
Katanga JohnsonAlthough special purpose acquisition companies (SPACs) could potentially fill some of this capital-providing role, they tend to focus more on larger businesses.—Will Rhind
Will RhindExamples of SPAC in a Sentence
Recent Examples on the Web
Kyivstar raised $178 million in a SPAC offering in September.
—Mohammed Sergie, semafor.com, 10 Feb. 2026
IonQ did its own SPAC deal in the autumn of 2021; since then its share price has more than tripled.
—Jeremy Kahn, Fortune, 4 Feb. 2026
In 2021, the startup agreed to merge with a SPAC led by Gerry Cardinale and Billy Beane but ended up calling off the deal a year later, citing unfavorable market conditions.
—Luisa Beltran, Sportico.com, 23 Jan. 2026
The company has been a darling of retail investors since going public via a SPAC merger with a blank-check firm in May 2024, soaring to a market capitalization worth tens of billions of dollars last year as traders looked to bet on the future of data centers powered by atomic energy.
—Alexander C. Kaufman, Wired News, 9 Jan. 2026
See All Example Sentences for SPAC
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Mohammed Sergie, semafor.com, 10 Feb. 2026
IonQ did its own SPAC deal in the autumn of 2021; since then its share price has more than tripled.
—Jeremy Kahn, Fortune, 4 Feb. 2026
In 2021, the startup agreed to merge with a SPAC led by Gerry Cardinale and Billy Beane but ended up calling off the deal a year later, citing unfavorable market conditions.
—Luisa Beltran, Sportico.com, 23 Jan. 2026
The company has been a darling of retail investors since going public via a SPAC merger with a blank-check firm in May 2024, soaring to a market capitalization worth tens of billions of dollars last year as traders looked to bet on the future of data centers powered by atomic energy.
—Alexander C. Kaufman, Wired News, 9 Jan. 2026
See All Example Sentences for SPAC
Cite this Entry
“SPAC.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/SPAC. Accessed 15 Feb. 2026.
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