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What's a SPAC and why do I care?
Imagine a company that's just... money. That's a SPAC, or Special Purpose Acquisition Corporation. They are also called "blank check companies".
Typically, founders (called sponsors) will recruit investors for, say, $100 million in capital, and then go hunting for a company to buy.
The Harvard Business Review tells us: "...There’s this remarkable fact: In 2020, SPACs accounted for more than 50% of new publicly listed U.S. companies."
So... why did we announce on Monday that we had retained a law firm to explore a potential business combination with a NASDAQ-listed Special Purpose Acquisition Corporation (SPAC)?
Find out TOMORROW!
And... good times with Kelly Cardenas!
Kelly's podcast is among the top one percent of all podcasts. Thanks to a recommendation by OriginClear advisor Ivan Anz, Kelly interviewed our CEO.
We know you will love the first episode, TOMORROW....
So join us... at 5pm Pacific, 8pm Eastern
TOMORROW THURSDAY, 10 November 2022
Register for the live briefing and replays here:
https://www.originclear.com/