What is a Special Purpose Acquisition Company? - Blank Check Company Explained

SPACs 101 - SPAC Stocks Explained
SPACs had a lot of buzz in 2020 and this trend may continue in 2021. In this video I breakdown what I've learned about SPACs using AJAX SPAC as an example. We will talk about AJAX I, AJAX-WT, and AJAX-UN and what those mean! And i'll talk about what happens when they merge with a company and the risks associated with this investment. Full disclosure these are speculative investments and are a tiny fraction of my portfolio.

Check out Donnie Nguyen's channel, Wolves of Investing:
   / wolvesofinvesting  

Background Music by: Egyptian Productions
  / egyptianproductions  

Find me on instagram: www.instagram.com/imseansolo

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Chapters
Intro (0:00)
What is a SPAC? (1:20)
Why Learn about SPACs? (2:36)
SPAC Timeline (5:49)
The Searching Phase (8:52)
Intro to Warrants (9:46)
The Merger (10:41)
Redeeming Warrants (12:02)
Risks of SPACs (13:16)
Outro (15:06)

Sources:
   • SPAC WARRANT BASICS for Beginners | S...  
https://sec.report/Document/000121390...

Please Note: I am not a certified financial planner, I am just sharing things that I've learned through my own experience and hope it helps you out.