SPACs Are Shell Firms That Use the Pool of Capital Raised Through an IPO to Merge with a ... - Latest Tweet by Reuters

The latest Tweet by Reuters states, 'SPACs are shell firms that use the pool of capital raised through an IPO to merge with a private company and take it public. Infinite Acquisition said it would focus on buying companies in sectors such as sports, health, e-commerce, food and cryptocurrency 4/5'

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