You may have heard about SPACs or a Special Purpose Acquisition Company. In this episode we will discuss:1. What is a SPAC and why do they exist?2. How do SPACs work?3. Why are SPACs called Blank Check companies?4. What is the difference between a SPAC and an IPO?ACap Advisors & Accountants is a financial advisor and CPA firm located in Los Angeles, California. We are a full service wealth management and CPA firm. Schedule a Consultation:https://www.acapam.com/contact/12031 Ventura Blvd., Suite 1Studio City, California 91604(818) [email protected] ACap's Financial Quick Tips

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