Sentence examples for purpose acquisition from inspiring English sources

SPACs, or special purpose acquisition companies, are shell entities with a sole purpose in life: Finding a business to acquire.

And possibly more long-term business was initiated because several "blank check" special purpose acquisition companies attended, Mr. Roth said.

Azteca Acquisition, a special purpose acquisition corporation, was set up by the private equity investor Gabriel Brener.

Special purpose acquisition companies, or SPACs, were all the rage in the liquidity-flush world that ended in 2008.

It is only the latest in so-called special purpose acquisition companies that take money from public investors in search of acquisitions to buy.

Special purpose acquisition companies, or SPAC's -- blank-check companies that raise money to later invest in another company -- continue to bloom despite concerns by regulators.

Chardan 2008 was set up as a special-purpose acquisition company, known as a Spac.

In February, the Nasdaq said it would propose new rules permitting special-purpose acquisition companies to list on its market.

Known as special-purpose acquisition companies, or SPACs, these takeover shells have gained popularity in the past year or so.

After years of raising cash through public offerings, special-purpose acquisition companies are getting into serious buying mode.

Their business was created recently as a "special-purpose acquisition company," or blank-check company, to buy security-related businesses.