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.
The dispute was heard by an arbitrator (and not a judge) because, per SPAC language and accompanying NBPA regulations, player-agent disputes are subject to arbitration. Michael McCann, Sportico.com, 12 Sep. 2025 Financial pressures and plans Despite the progress, the circumstances around the SPAC deal point to financial headwinds. Sujita Sinha, Interesting Engineering, 9 Sep. 2025 Blue Owl didn’t list until 2021 – formed through a SPAC merger. Leslie Picker, CNBC, 2 Sep. 2025 Despite this, shares are still down approximately 90% from their peaks during the SPAC era, indicating the influence of sentiment and momentum on the stock. Trefis Team, Forbes.com, 27 Aug. 2025 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

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Cite this Entry

“SPAC.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/SPAC. Accessed 16 Sep. 2025.

Last Updated: - Updated example sentences
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