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Topic
Spac
2 guides in Finabase Learn
- How IPOs work: from S-1 filing to first trade and lock-up How a US company goes public: the S-1, SEC review, roadshow, pricing, allocation and lock-ups, plus how direct listings and SPACs differ and the risks to investors.
- Special purpose acquisition company (SPAC) A shell company that raises money in an IPO with no business of its own, holds the cash in trust and then merges with a private company to take it public.
Educational content, not investment advice. Finabase Learn explains how markets and tools work. It does not recommend any security or strategy, and examples are for illustration only. Investing involves risk, including the loss of principal. Rules and figures are for the United States unless stated and can change — check the cited source before you act.