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What are Special Purpose Acquisition Companies?

patriot by patriot
April 20, 2023
in Business
0
Thapelo Moribame

Thapelo Moribame

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By Thapelo Moribame Head of Market Development, BSE What is a Special Purpose Acquisition Company (SPAC)? A Special Purpose Acquisition Company (SPAC) or in the case of the Botswana Stock Exchange, a Special Acquisition Company (SAC), is a company with no existing commercial operations, but is formed strictly to raise capital on the stock exchange…

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