Special Purpose Acquisition Company SPACs and reverse (IPO) mergers Source [Wikipedia] An IPO through a SPAC is similar to a standard reverse merger. However, unlike standard reverse mergers, SPACs come with a “clean” public shell company, better economics for the management teams and sponsors, certainty of financing/growth capital in place – except in the …
Category Archives: Learnvesting
Conscious Capitalism Philosophy
An introduction to the philosophy of Conscious Capitalism.
Short Position
Selling short involves a security sale first with the intention of repurchasing it or covering it later at a lower price. A trader may decide to short a security when they believe that the price of that security is likely to decrease in the near future.
Beta Adjusted Net
The beta-adjusted exposure is a modified measure of exposure that is used for investment funds or portfolios. It is computed as a weighted average exposure of the securities in the portfolio, where the weights are each security’s own beta. … This gain is proportional with the equity risk assumed in the portfolio.