How to Use special purpose acquisition company in a Sentence
special purpose acquisition company
noun-
The deal comes at a time when special purpose acquisition companies are slowing the number of mergers, but the public listing will help the company expand globally.
—Emma Hinchliffe, Fortune, 21 Apr. 2023
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Rover went public through a special purpose acquisition company merger in 2021.
—Jack Pitcher, WSJ, 29 Nov. 2023
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All went public via a special purpose acquisition company, or SPAC.
—Samantha Masunaga, Los Angeles Times, 8 Nov. 2023
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That year, WeWork went public in a merger with a special purpose acquisition company, a deal that revealed a lot about Neumann’s wealth.
—Tori Latham, Robb Report, 9 Nov. 2023
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Shares of VinFast have seen huge swings since the company went public through a special purpose acquisition company in August.
—Hardika Singh, WSJ, 5 Oct. 2023
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Opendoor went public through a special purpose acquisition company in 2020.
—Annie Palmer, CNBC, 10 Sep. 2025
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In 2020, Nikola joined the stock market by merging with a special purpose acquisition company, which has a listing but little else.
—Neal E. Boudette, New York Times, 19 Feb. 2025
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The company went public through a special purpose acquisition company in 2020.
—Chris Eudaily,annie Palmer, CNBC, 11 Sep. 2025
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Oklo went public in 2024 through a special purpose acquisition company that Altman co-founded.
—Jonathan Vanian, CNBC, 9 Jan. 2026
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CoinShares will make its public debut through a merger with Vine Hill Capital, a special purpose acquisition company.
—Sean Conlon,lisa Kailai Han, CNBC, 31 Mar. 2026
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SPACs are special purpose acquisition companies, which raise capital and use the cash to merge with a private company and take it public, usually within two years.
—Yun Li, CNBC, 30 Sep. 2025
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Investors had dumped high-flying fintech companies in 2022 as a wave of unprofitable firms like Dave went public via special purpose acquisition companies.
—Hugh Son, CNBC, 20 Dec. 2024
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The startup went public in 2020 as part of the wave of EV companies to benefit from the pandemic era boom in special purpose acquisition companies.
—Sasha Rogelberg, Fortune, 18 June 2024
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In 2019, the company went public via a reverse merger with a special purpose acquisition company, capitalizing on the blank-check boom to refill its coffers.
—Loren Grush, Fortune, 29 June 2023
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Its stock, which was worth more than $10 a share right before the company went public through a special purpose acquisition company, or SPAC, merger last year now trades for less than a quarter.
—Ben Wieder and, Miami Herald, 17 Jan. 2025
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Athena’s agreement comes at a time when the pace of mergers by special purpose acquisition companies, or SPACs, has slowed considerably from when many of the vehicles were formed in 2021.
—Katie Roof, Bloomberg.com, 20 Apr. 2023
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In 2022, the company scrapped plans to hit the market through a merger with a special purpose acquisition company (SPAC) during a sharp downturn in equity markets.
—Samantha Subin, CNBC, 13 May 2025
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Truth Social would then merge with another company, Texas Ventures III, a special purpose acquisition company formed in 2024 to acquire or merge with other businesses.
—Aimee Picchi, CBS News, 27 Feb. 2026
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Enhanced Group began trading on the New York Stock Exchange earlier this month under the ticker ENHA after merging with a special purpose acquisition company.
—Justin Birnbaum, Sportico.com, 26 May 2026
Some of these examples are programmatically compiled from various online sources to illustrate current usage of the word 'special purpose acquisition company.' Any opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback about these examples.
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