#blankcheck — Public Fediverse posts
Live and recent posts from across the Fediverse tagged #blankcheck, aggregated by home.social.
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Movies of the day (4/8) 🎬 The Getaway(1994) 🎬 Groundhog Day(1993) 🎬 My Girl 2(1994) 🎬 Blank Check(1994) © TMDB #TheGetaway #GroundhogDay #MyGirl2 #BlankCheck #Action #Comedy #Crime #Drama #Family #Fantasy #Mystery #Romance #Thriller #Movie #MovieOfTheDay #OnThisDay #TMDB
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…In simplified form, the process involves 2 basic parties. One is a private company that wants to go public. The other is a #ShellCompany that is already trading on the #StockMarket but has no operations — just a pile of cash that it can use to acquire a business. #SPAC shells are often called “#BlankCheck” companies because their investors have given them a certain amount of money but have no idea yet who the check will be made out to.