special purpose acquisition company

noun

plural special purpose acquisition companies
: a corporate shell (see shell entry 1 sense 11) set up by investors for the sole purpose of raising money through an initial public offering to acquire another business yet to be determined : blank check company
—abbreviation SPAC

Examples of special purpose acquisition company 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.
In October 2021, the president unveiled the business, promising a censorship-free platform and giving supporters a chance to invest via a special purpose acquisition company. — Chris Dobstaff, Forbes.com, 7 July 2026 The tokenization specialist raised $400 million from its public offering after merging with Cantor Equity Partners II, a special purpose acquisition company, or SPAC. — Camila Grigera Naón, Fortune, 2 July 2026 Enhanced Group began trading on the New York Stock Exchange earlier this month under the ticker ENHA after merging with a special purpose acquisition company. — Justin Birnbaum, Sportico.com, 26 May 2026 One of his current roles is leading Emmis Acquisition Corp, a special purpose acquisition company. — Malana Vantyler, USA Today, 17 Apr. 2026 See All Example Sentences for special purpose acquisition company

Word History

First Known Use

1994, in the meaning defined above

Time Traveler
The first known use of special purpose acquisition company was in 1994

Rhymes for special purpose acquisition company

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Browse Nearby Words

special property
special purpose acquisition company
special relativity
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Cite this Entry

“Special purpose acquisition company.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/special%20purpose%20acquisition%20company. Accessed 13 Jul. 2026.

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