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SPAC The rise of the Special Purpose Acquisition Company

If you’re in the world of finance, you’ve no doubt recently read about SPACs and have probably wondered what they are and whether they can be traded. In the previous year, a record activity of Special Purpose Acquisition Company (SPAC) was recorded. While the U.S. was the most prominent market for SPAC activities, new regulations were introduced in markets such as Hong Kong and Singapore to promote SPAC ads and capital market activities.

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