How to Use SPAC in a Sentence
SPAC
abbreviation or noun
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The fintech had tried to merge with a SPAC in 2021 but ended up pulling those plans.
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Luisa Beltran,
Fortune,
12 Dec. 2023
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But now, the market has dried up and shares of companies that did SPAC deals have crashed.
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Jennifer Hiller,
WSJ,
11 July 2023
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Investors are still very wary, and the actual SPAC market has all but dried up.
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Andrew Freedman,
Axios,
18 July 2024
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The company attempted to go public via a SPAC merger in 2022, though those efforts were dropped.
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Jessica Mathews,
Fortune,
2 Mar. 2024
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Lucid went public through a SPAC in mid-2021 before releasing its first car.
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Leo Schwartz,
Fortune,
17 July 2024
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The company went public through a SPAC transaction last year, and currently has a market cap of around a billion dollars.
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Alan Murray,
Fortune,
20 Oct. 2023
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Plenty of shareholders are now suing SPAC sponsors over their losses.
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Jonathan Randles,
Fortune,
28 Dec. 2023
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It is publicly traded after a SPAC transaction (of more recent vintage).
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Tim Fernholz,
Quartz,
12 July 2023
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All went public via a special purpose acquisition company, or SPAC.
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Samantha Masunaga,
Los Angeles Times,
8 Nov. 2023
Some of these examples are programmatically compiled from various online sources to illustrate current usage of the word 'SPAC.' Any opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback about these examples.
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