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
Although special purpose acquisition companies (SPACs) could potentially fill some of this capital-providing role, they tend to focus more on larger businesses.Will Rhind

Examples of SPAC in a Sentence

Recent Examples on the Web
Examples are automatically compiled from online sources to show current usage. Read More Opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback.
Key Points Crypto investment firm CoinShares will begin trading on Nasdaq Wednesday through a SPAC merger with Vine Hill Capital. Tanaya MacHeel, CNBC, 31 Mar. 2026 The tour kicks off July 3 at the Pavilion at Toyota Music Factory, in Irving, Texas, and wraps up Aug. 30 at Albany Med Health System at SPAC, in Saratoga Springs, New York, for 12 shows in total. Andy Greene, Rolling Stone, 24 Mar. 2026 Vivid Seats, a StubHub rival, went public in 2021 by merging with a SPAC from Todd Boehly. Luisa Beltran, Sportico.com, 5 Mar. 2026 Kyivstar raised $178 million in a SPAC offering in September. Mohammed Sergie, semafor.com, 10 Feb. 2026 See All Example Sentences for SPAC

Word History

First Known Use

1993, in the meaning defined above

Time Traveler
The first known use of SPAC was in 1993

Browse Nearby Words

Cite this Entry

“SPAC.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/SPAC. Accessed 5 Apr. 2026.

Love words? Need even more definitions?

Subscribe to America's largest dictionary and get thousands more definitions and advanced search—ad free!

More from Merriam-Webster