What Is a SPAC? Special Purpose Acquisition Companies Explained

January 6, 2023
Learn what special purpose acquisition companies (SPACs) are and why they're popular.
Transcript Open new window

Just getting started with stocks?

Schwab Market Update: Stocks Fall Amid Mixed Earnings

U.S. equities finished near their lows of the day as the markets continued to digest mixed earnings data and last night's State of the Union Address from President Joe Biden.

Iron Condor Pin Risk: A Naked Short at Expiration

Learn about the risk of the iron condor pin, why it happens, and what traders can do to best avoid a naked short at expiration.

Dividend Dates Explained

This video explains how stock dividend concepts work, including the ex-dividend date, declaration date, record date, and payment date.

This material is intended for informational purposes only and should not be considered a personalized recommendation or investment advice. Investors should review investment strategies for their own particular situations before making any investment decisions.

All expressions of opinion are subject to change without notice in reaction to shifting market conditions. Data contained herein from third-party providers is obtained from what are considered reliable sources. However, its accuracy, completeness or reliability cannot be guaranteed.

Examples provided are for illustrative purposes only and not intended to be reflective of results you can expect to achieve.

Whether you are investing in a SPAC by participating in its IPO or by purchasing its securities on the open market following an IPO, you should carefully read the SPAC's IPO prospectus as well as its periodic and current reports filed with the SEC pursuant to its ongoing reporting obligations.

Investing involves risks, including loss of principal.