Welcome to the Age of the SPAC

More companies are choosing to reverse-merger their way into being public

What the hell is a SPAC? A SPAC is a special purpose acquisition company, and SPACs have become popular for bringing ever-larger companies into the public markets. If you have been reading up on investing news, you’ve probably seen this term, but many people still don’t understand what a SPAC is and how it affects markets. 2019 and 2020…