There is a mystique about investing in SPACs. We’ll try to demystify SPACs by explaining their structure, their investment considerations, and identify benefits and drawbacks.
SPACs are speculative investments with high risks with returns that often favor the founder, however, new structures are emerging that may enhance returns.
A SPAC is a special purpose acquisition company, sometimes referred to as a “blank check company.” Blank check companies are an appropriate term at the development stage.
Buy At The Ground Level. There is a chance for smaller investors to join institutional investors to participate in an exciting industry at an earlier time at the ground level.