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SPACS are special purpose acquisition companies. Which of the following is FALSE? a. Jaws Acquisition Corp. was established as a SPAC. b. They help companies
SPACS are special purpose acquisition companies. Which of the following is FALSE?
a. | Jaws Acquisition Corp. was established as a SPAC. | |
b. | They help companies go public without an IPO. | |
c. | They are illegal according to the SEC | |
d. | SPACs are part of a reverse merger arrangement. |
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