#SPAC#
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A special purpose acquisition company (SPAC) is a company with no commercial operations that is formed strictly to raise capital through an initial public offering (IPO) for the purpose of acquiring an existing company.
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Real estate tech start-up Doma agrees SPAC deal to go public
(Reuters) - U.S. real estate technology company Doma said on Tuesday it has agreed to go public through a merger with blank-check acquisition firm Capitol Investment Corp V in a deal valuing the start-up at around $3 billion, including debt. It comes amid a boom in the U.S. housing market with home
